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Effectiveness Differs from the Concept of Efficiency Insofar That It

question 25

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Effectiveness differs from the concept of efficiency insofar that it may be a qualitative variable and not always a quantitative variable.


Definitions:

Delivery Time

The period it takes for goods to be transported from the seller to the recipient.

Administrative Budget

A financial plan that outlines the expected administrative expenses and incomes, focusing on managing and operating an organization.

Spare Supplies

Additional or extra materials and items kept on hand to replace or replenish those in use as needed.

Administrative Budget

A financial plan that outlines the projected administrative expenses and revenues for an organization.

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