BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Planning determines in advance, what is to be done in the future. It helps us in knowing as to what we will have to perform in order to achieve the objectives. Various activities of different departments and divisions are carried on in an effective manner, thereby, reducing overlapping and wasteful activities.

Detailed explanation-2: -While improving efficiency means doing things faster, using fewer resources, in fewer steps, effectiveness means aligning improvements to the way you work to high-level corporate goals. Instead of efficiency for efficiency’s sake, increasing effectiveness requires taking a more focused and strategic approach.

Detailed explanation-3: -Improving organizational efficiency involves establishing clear goals and a way of measuring them. Work with your employees to develop strategic processes to reach those goals and provide any necessary training. Involving your employees in the process can lead to more engagement and better output results.

Detailed explanation-4: -Excellent work efficiency can lead to high levels of productivity. Organizations might often encourage employees to improve their work efficiency because this can promote success in the business.