BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -doing the right things. “Efficiency is doing things right; effectiveness is doing the right things, ” Peter Drucker, often touted as the “Father of Modern Management, ” famously said.

Detailed explanation-2: -Management author and guru, Peter Drucker said, “Efficiency is doing things right. Effectiveness is doing the right thing.” I’ve always liked this quote, especially when it comes to safety and risk.

Detailed explanation-3: -getty. Doing the right thing generally means making decisions that are not based on your own personal needs, that don’t expand your popularity, or enforce your personal beliefs. It means doing what is best for the greater or common good. Some examples are: Maintaining your character when no one is watching.

Detailed explanation-4: -Effectiveness is doing right things". Efficiency refers to doing things in a right manner. Scientifically, it is defined as the output to input ratio and focuses on getting the maximum output with minimum resources. Effectiveness, on the other hand, refers to doing the right things.

Detailed explanation-5: -Efficiency is when you do the same things faster or with less waste. For example, you might find a better way to run a project status meeting so it takes 30 minutes on average rather than 45 minutes. Effectiveness is finding a way to improve outcomes, perhaps by doing something very differently.