Monday, February 3, 2020
The Difference Between Efficiency And Effectiveness Essay
The Difference Between Efficiency And Effectiveness - Essay Example Performance is usually a measure of whether a target has been reached or not. In the case of effectiveness, performance is enhanced as it measures the degree to which an organization meets its target objectives, while efficiency measures that which are used in the achievement of the objectives. In both instances, there is no measure of performance and hence none is more important in such a perspective. Performance is mainly attributed towards the result rather than the process used in realizing the results. In an instance in which minimal resources are used and no objective is met then the performance is reduced, and additionally, if the target is not met regardless of the effectiveness of the process, the performance is low. One aspect of significant importance in both instances is that organizations, managers can improve both simultaneously. Managers usually work towards attaining certain goals for profitability while at the same working on minimizing the associated resources such as time and costs. It is evident that a manager can improve both efficiency and effectiveness simultaneously. In the current business world, numerous ethical issues are experienced ranging from simple to complex issues. One of the greatest issues is that of inversion of privacy, a contribution of technology and communication, which has become an integral part of organizations towards achieving their objectives. In order to understand an ethical issue, it is best to find out the moral obligation behind it.Ã
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