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Question : Which of the following statements is incorrect? 

Option 1: Winter management is a process as it involves a series of winter-related functions. 

Option 2: Management requires effectiveness to achieve the predetermined goals at the minimum cost. 

Option 3: Personal management helps in achieving personal objectives. 

Option 4: None of the above.

 


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Management requires effectiveness to achieve the predetermined goals at the minimum cost.


Solution : Efficiency refers to doing the task correctly and with a minimum focus on the cost benefit, that is, getting maximum output with minimum resources. Management requires efficiency that achieves the pre-determined goals at the minimum cost. Effectiveness involves doing the task with the specified period. Thus Option B is the correct answer as it provides for the definition of efficiency and not the effectiveness.

Hence, Option B is correct.

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