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If a manager is not able to achieve the target production of 6,000 units but is able to reduce the costs significantly, then what will he be considered as? -

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Question

If a manager is not able to achieve the target production of 6,000 units but is able to reduce the costs significantly, then what will he be considered as?

Options

  • Only efficient

  • Only effective

  • Both efficient and effective

  • Neither efficient nor effective

MCQ

Solution

Only efficient

Explanation - 

Efficiency refers to completing a task correctly and at a low cost. When fewer resources are used and fewer expenses are incurred for some benefit or product, efficiency is increased.

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