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Management · Q180

Strategic Management

Graduate and Post Graduate · Management · question 180

Q180

By what means should an organization measure its performance?

A.
Efficiency
B.
Effectiveness
C.
Economy, efficiency, and effectiveness
Answer
D.
Efficiency and effectiveness

Answer: Option C

Solution

Answer: Option C
Solution:
By economy, efficiency, and effectiveness means should an organization measure its performance. analyzing a company's performance against its objectives and goals. In other words, organizational performance comprises real results or outputs compared with intended outputs.