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In management, effectiveness refers to which ability?

AThe ability to work at the lowest possible cost
BThe ability to keep resource use to a minimum
CThe ability to complete work in the least time
DThe ability to produce a desired result
Answer & Solution
Correct answer: D. The ability to produce a desired result
1. Effectiveness is the ability to produce a desired result. 2. The three options about cost, resource use, and time all describe efficiency instead, which is about the sparing use of resources. 3. A manager can be efficient without being effective, which is why the two terms are kept apart. 4. Good management uses the four functions to raise both efficiency and effectiveness. _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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