Examveda
Examveda

By what means should an organization measure its performance?

A. Efficiency

B. Effectiveness

C. Economy, efficiency, and effectiveness

D. Efficiency and effectiveness

Answer: Option C

Solution(By Examveda Team)

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.

This Question Belongs to Management >> Strategic Management

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