Which of the following statements about the relationship between efficiency and effectiveness is most accurate?
A)The relationship between effectiveness and efficiency is subtle and complex. Over the long haul, becoming more effective may also allow a firm to become more efficient.
B)Efficiency and effectiveness are just two terms for the same basic concept.
C)While both effectiveness and efficiency are worthwhile objectives, achieving efficiency is more crucial to a firm's success than effectiveness.
D)In the long run, a firm must choose either to be effective or to be efficient. The two goals are incompatible, meaning that there is no way to consistently achieve both of these goals.

Question

Quizplus · Accepted Answer

The relationship between efficiency and effectiveness is complicated, and there is no simple answer. However, it is generally agreed that effectiveness is more important in the long run, and that becoming more effective can eventually lead to increased efficiency. Therefore, option A is the most accurate statement about the relationship between efficiency and effectiveness.

Which of the Following Statements About the Relationship Between Efficiency