Home › CBSE Class 12 (Commerce) › Business Studies › Nature and Significance of Management › Effectiveness and efficiency are described as wh…
Effectiveness and efficiency are described as what?
AEntirely unrelated terms
BTotally opposite ideas
CTwo sides of the same coin
DIdentical in meaning
Answer & Solution
Correct answer: C. Two sides of the same coin
The two ideas differ but are interrelated, and management must balance both to run an organisation well.
Related questions
Which definition of management stresses working with and through others using limited resoWho defined management as designing an environment for group aims?Mumbai's dabbawallas are cited in the context of excellence through what?Cooperation without coordination may lead to what?Coordination is needed at all levels. Which feature is this?Coordination starts at planning and continues till controlling. Which feature?Coordination is compared to which object that runs through the management functions?Coordination is described as the what of management?