When a Manager Achieves an Organisation's Goal,but at Too Great

question 60

Multiple Choice

When a manager achieves an organisation's goal,but at too great a cost,they can said to have been:

• A) efficient, but not effective
• B) effective, but not efficient
• C) neither efficient nor effective
• D) a poor controller of costs
• E) both efficient and effective.

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Definitions:

Year 2

Referring to the second year in a given context, often referring to financial or operational timelines.

Return on Total Assets

A financial metric indicating how profitable a company is relative to its total assets, measuring the efficiency in using assets to generate earnings.

Net Profit Margin Percentage

A financial ratio that shows what percentage of sales has turned into profits, indicating overall profitability.

Gross Margin Percentage

A financial metric that represents the difference between sales and cost of goods sold, expressed as a percentage of sales.