In a short essay, discuss the difference between efficiency and effectiveness
What will be an ideal response?
Answer: Efficiency refers to getting the most output from the least amount of input. Efficiency is often referred to as "doing things–that is, performing a task with a minimum of wasted time, energy, labor, and resources and a maximum of the product being created. A mathematical measure of efficiency is given by the ratio of input to output. The smaller the input-to-output ratio, the greater the efficiency of the process.
Effectiveness is often described as "doing the right things"–that is, those work activities that will help the organization reach its goals. Where efficiency is concerned with the means of getting things done, effectiveness is concerned with the ends, or attainment of organizational goals.
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A scatter diagram is a graphical depiction of the relationship between the dependent and independent variables
Indicate whether the statement is true or false
Use the information in Scenario B.4. What is the average waiting time in line?
A) fewer than or equal to 3.5 minutes B) greater than 3.5 minutes but fewer than or equal to 4.5 minutes C) greater than 4.5 minutes but fewer than or equal to 5.5 minutes D) greater than 5.5 minutes