PMT Checked Questions with Correct
Answers
, What is the difference between effectiveness and efficiency? - CORRECT ANSEfficiency is doing things
right; effectiveness is doing the right things.
Who coined the following quote?
I wish to do something Great and Wonderful...But I must first start by doing the little things...Like they
were great and wonderful... - CORRECT ANSAlbert Einstein
One important ingredient for living your purpose is learning, a curiosity and desire to get better and
better at doing what you love. - CORRECT ANSTrue
A product or service that is valuable but is not rare, has what is called Competitive Parity. - CORRECT
ANSTrue
Delivering a product or service that is of real value to the customer. - CORRECT ANSvalue
Delivering a product or service that is difficult to find. - CORRECT ANSrare
Innovating products or services that are not easy to imitate or duplicate. - CORRECT ANSimitable
Providing the product or service in a high quality fashion. - CORRECT ANSorganization
The definition of management is to work with and through others to achieve goals in an effective and
efficient manner. - CORRECT ANStrue
Do managers that work in different types of organizations perform the same tasks? - CORRECT ANSYes,
for the most part.
Answers
, What is the difference between effectiveness and efficiency? - CORRECT ANSEfficiency is doing things
right; effectiveness is doing the right things.
Who coined the following quote?
I wish to do something Great and Wonderful...But I must first start by doing the little things...Like they
were great and wonderful... - CORRECT ANSAlbert Einstein
One important ingredient for living your purpose is learning, a curiosity and desire to get better and
better at doing what you love. - CORRECT ANSTrue
A product or service that is valuable but is not rare, has what is called Competitive Parity. - CORRECT
ANSTrue
Delivering a product or service that is of real value to the customer. - CORRECT ANSvalue
Delivering a product or service that is difficult to find. - CORRECT ANSrare
Innovating products or services that are not easy to imitate or duplicate. - CORRECT ANSimitable
Providing the product or service in a high quality fashion. - CORRECT ANSorganization
The definition of management is to work with and through others to achieve goals in an effective and
efficient manner. - CORRECT ANStrue
Do managers that work in different types of organizations perform the same tasks? - CORRECT ANSYes,
for the most part.
