2 Views

Question : What is the nature of management highlighted in the below statement?
Reliance industries is able to achieve the target of production of 20 units within the prescribed period. However, to achieve the target on time, additional 5000 were paid as overtime wages to employees.
 

Option 1: Effectiveness 
 

Option 2: Efficiency 
 

Option 3: Both A and B
 

Option 4: Neither A nor B
 


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Effectiveness


Solution : Reliance industries is effective as products gets completed on time. But it is not efficient as additional cost has been incurred to complete the target.
Hence Option A is correct.

Related Questions

Amity University, Noida Law A...
Apply
Admissions open for B.A. LL.B (Hons) , B.A. LL.B , BBA LL.B.(Hons) , B.Com.LL.B. (Hons.)
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships | Application Deadline: 31st Jan'25
TAPMI Jaipur MBA Admissions 2025
Apply
67 Years of Established Legacy | Ranked #79 in India by NIRF | Among the only few top 100 B-Schools currently accepting applications
UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities In QS Asia Rankings 2025 | Scholarships worth 210 CR
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books