Management Fundamentals 7th Edition by Robert N. Lussier

Exercise 35

The following critical-thinking questions can be used for class discussion and/or as written assignments to develop communication skills. Be sure to give complete explanations for all questions.

Is it more important for managers to be efficient or effective? Can you improve both at the same time?

Step 1 of 2

A manager is responsible for achieving organizational objectives through efficient and effective utilization of resources. Efficient means doing things right so as to maximize the utilization of resources. Effective means doing the right thing in order to attain an objective.