Which of the following is true of efficiency?
A) It is a measure of the appropriateness of the goals that managers have selected for the organization to pursue.
B) Organizations are efficient when managers choose appropriate goals and then achieve them.
C) Lesser the efficiency,higher the organizational performance.
D) Organizations are efficient when managers minimize the amount of input resources.
E) Organizations are efficient when managers maximize the amount of time needed to produce a given output of goods.

Question

Quizplus · Accepted Answer

Efficiency is a measure of how productively resources are used to achieve a goal.Organizations are efficient when managers minimize the amount of input resources or the amount of time needed to produce a given output of goods or services.

Which of the Following Is True of Efficiency