Question

________ means doing the task correctly and with minimum cost.

• A. Efficiency
• B. Effectiveness
• C. Management
• D. Coordination

Hint:

Efficiency focuses on resource optimization, while effectiveness emphasizes goal achievement. Both are essential for successful management.

Answer 1

The Correct Option is A

Step 1: Understanding efficiency.
- Efficiency refers to completing tasks with minimum resources and cost, while achieving the desired outcome.
- Effectiveness focuses on achieving objectives but does not necessarily consider resource optimization.
Step 2: Analyzing the definition.
The term "doing the task correctly and with minimum cost" clearly defines efficiency.
Conclusion: The correct answer is (A) Efficiency.