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Question
Akash works as a production manager in ‘Elite Enterprises’ manufacturing LED lights. Due to festive season, there is lot of demand for their lights. Akash was given the task of producing 100 units of LED lights @ ₹ 200 per unit within 5 days for an urgent order. Akash was able to achieve the target of 100 units of LED lights within 5 days @ ₹ 220 per unit.
Identify from the following whether Akash is:
Options
Efficient only
Effective only
Both efficient and effective
Neither efficient nor effective
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Solution
Effective only.
Explanation:
Effectiveness is about doing the right task, completing the assigned job on time, no matter the cost. It simply means doing tasks on schedule.
Efficiency is about doing the job cost-effectively, i.e., getting maximum output with minimum input. It means executing things right in a faster and more cost-effective manner.
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