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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Mini Case Study Project

Mini Case Study Project

Q What is the difference between efficiency and effectiveness? Are efficiency and effectiveness mutually exclusive? Can you be efficient at utilizing available resources, even though you may have discrimination against minority or female workers, have input factors of production applied to the wrong tasks, have unemployment levels above the generally recognized acceptable unemployment level, and inadequate capital stock in an economy? If a nation is inefficient in these attributes, what do you recommend to get the nation back to optimum points on its production possibilities curve?

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Efficiency and effectiveness refers to doing things that are essential for the overall growth and development of the subject be it the individuals or the organization as a whole. Effectiveness refers to doing the right things whereas Efficiency focuses on the ways of achieving it. Efficiency is basically a short term phenomenon that takes into account the scenarios of the current state, while effectiveness is a long term phenomenon. In the workplace efficiency is the time that an individual takes to execute a particular operation. Efficient workers