Efficiency vs. Effectiveness

Category: How Business is done 1 Comment »

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Efficiency Effectiveness
Concerns Cost Saving on either Time, Budget or Efforts Concerns Quality of output
Skillfullness in avoiding wasted factors Quality to bring about an effect
The ‘means’ The ‘ends’
Measures ratio between input and output Measures the output and its impact



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Last update June 26, 2007

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