To be successful, a company must first be efficient before addressing how to be effective.

Name: To be successful, a company must first be efficient before addressing how to be effective.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Efficiency and effectiveness are both crucial for success, but they address different aspects of performance. A company can focus on being effective (achieving the right goals) initially, and then work on being efficient (achieving goals with minimal waste) or vice versa, depending on its strategy and circumstances.

To Be Successful, a Company Must First Be Efficient Before