Question:

_______ means doing the task correctly and with minimum cost.

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Efficiency questions always test resource optimization. Effectiveness questions focus on goal achievement.
Updated On: Jun 21, 2025
  • Efficiency
  • Effectiveness
  • Management
  • Coordination
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The Correct Option is A

Solution and Explanation

Efficiency is the optimal resource utilization because:
1. Key Aspects: - Output/Input ratio - Time management - Cost minimization
2. Examples: - Assembly line productivity - Lean manufacturing - Six Sigma processes
3. Vs Effectiveness: - Efficiency: "Doing things right" - Effectiveness: "Doing the right things" Business Impact: - 1% efficiency gain can boost profits 10-15% in manufacturing
Final Answer: (A) Efficiency
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