Relationship between effectiveness and efficiency

Assignment Help Operation Management
Reference no: EM132952757

Explain the difference between managerial functions and managerial skills. What is significant about both with regard to a manager's job? Define and discuss the relationship between effectiveness and efficiency. Why is it important to balance these? please write 2 paragraphs with at least. 8 to 9 sentences.

Reference no: EM132952757

Questions Cloud

What are takeaways for forthcoming ipo from paytm will be : HDFC vis a vis ICICI market share and the other? Forthcoming IPO from PayTm will be studied and analyzed as an Investment Banker - and what are the takeaways?
Identify two key features of us operating model : WAL-MART In the years ahead, Wal-Mart's greatest growth is expected to be in markets outside the US, particularly China. Important parts of its operations strat
How would a servant leadership approach affect organization : The Bible refers to servant leadership in several passages, How would a servant leadership approach affect an organization's human resource strategy?
What the days operating leverage : The following information relates to Day Company: Contribution Margin $4,800,000. What the Days' operating leverage
Relationship between effectiveness and efficiency : Explain the difference between managerial functions and managerial skills. What is significant about both with regard to a manager's job?
What is the annual rate on stephanie loan : Stephanie's mortgage requires her to pay $1,147 per month for the 180 months. The balance on her loan is $150,000. What is the annual rate on Stephanie's loan
Identify the key performance issues at risk : Lauren Lester is the department manager, What is the ethical issue? Identify the key performance issues at risk and recommend a plan of action for Lester.
What would be the profit and rate of return : Assume that market interest rate (r) decreases to 6% from 10% after 5 years. What would be the profit and rate of return of this investor in case
Explain impact us business and commerce : Do increased security inspections at airports and seaports result in reducing risks of criminal and terrorist behavior at US airports and seaports?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd