Question

What does efficiency in management primarily concern?

विकल्प

• Hiring the most talented employees available

• Using minimum resources with minimum cost

• Expanding organizational operations rapidly

• Achieving organizational goals regardless of cost

Answer 1

Efficiency in management is primarily concerned with using minimum resources with minimum cost. It focuses on how tasks are accomplished and resource utilization, rather than whether the right goals are being pursued. Efficient management optimizes the use of human, material, and financial resources to minimize waste and reduce operational costs while maintaining quality output.