Using the least possible amount of resources to get work done is known as what?
AEffectiveness
BDelegation
CEfficiency
DEmpowerment
Answer & Solution
Correct answer: C. Efficiency
1. Efficiency is using the least possible amount of resources to get work done.
2. Effectiveness is a separate idea, the ability to produce a desired result, so it is not the answer here.
3. Delegation and empowerment describe how authority is passed to others, not how sparingly resources are used.
4. Managers need to be both efficient and effective to achieve organizational goals.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 6 "Management and Leadership in Today's Organizations", section 6.1 The Role of Management_
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