Chapter 01 - 10e
1. Award: 10.00 points
In management, being effective means using resources wisely and cost-effectively.
True
False
To be effective means to achieve results, to make the right decisions, and to successfully carry them out
so they achieve the organization’s goals. Whereas, to be efficient means to use resources such as
people, money, and raw materials wisely and cost-effectively.
References
True / False Difficulty: 1 Easy Learning Objective: 01-01: Identify the
rewards of being an exceptional manager.
https://ezto.mheducation.com/hm_management.tpx 1/96