Which of the following defines managerial efficiency?
A)achieving goals regardless of resource use
B)increasing the time needed to produce a given output of goods
C)increasing production through greater resource investment
D)minimizing the amount of input resources

Question

Quizplus · Accepted Answer

Managerial efficiency is about minimizing the amount of input resources while maintaining the same level of output, thus optimizing resource use.

Which of the Following Defines Managerial Efficiency