Think of the numerous changes that have impacted you personally in the last five years. The inability to adapt to changes has resulted in the failure of many organizations. For example, I doubt that any current organization makes only buggy whips. Lesson three will examine different components of an organization's environment and how managers can help the organization adapt to change. Effective vs. Efficient Effectiveness and efficiency of organizational resources is the final component of the management definition.
Effectiveness refers to the ability to accomplish a goal.
Essentially, effectiveness is a yes or no question. If your goal is to receive an A grade in this course, your are only effective upon receiving that grade. Efficiency refers to the resources expended in order to achieve a particular goal. That is, efficiency is the measurement of what is achieved relative to the effort expended. Effectiveness can be achieved without efficiency.