Collin, a Trainee with an Event Management Firm, Was Asked

question 22

Multiple Choice

Collin, a trainee with an event management firm, was asked to coordinate the designing, production, and installment of banners and posters for an upcoming project. He was assigned a particular amount of money for this purpose. Collin completed the job in time but exhausted his resources. He made a request for additional funds to make the remaining payments to the vendors. In which of the following ways can Collin's performance be categorized?

• A) Effective but not efficient
• B) Effective and efficient
• C) Neither effective nor efficient
• D) Not effective but efficient
• E) Essential but not effective

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Definitions:

Piece-Rate

A pay system in which individual workers are paid a certain sum of money for each unit of production completed.

Lump Sum Bonus

A one-time payment given to an employee as a reward for performance or for completion of a project.

Productivity Restriction

Limitations or constraints that reduce the efficiency or output of work processes, often resulting in decreased organizational performance.

Habitually Underestimate

The consistent tendency to assess situations, abilities, or outcomes as less significant or valuable than they actually are.