Describe the difference between efficiency and effectiveness

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Reference no: EM132216299

1) Describe the difference between efficiency and effectiveness and identify real organizations you think are, or are not, efficient and/or effective.

2) In what ways can managers at each of the three levels of management contribute to organizational efficiency and effectiveness?

3) Identify an organization that you believe is high performing and one you believe is low performing. Give five reasons why you think the performance levels of the two organizations differ so much.

4) What are the building blocks of competitive advantage? Why is obtaining a competitive advantage so important to managers?

5) In what ways do you think managers’ jobs have changed the most over the last 10 years? Why have these changes occurred?

Reference no: EM132216299

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