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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.

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