Examlex

Solved

The Best Measure of Managerial Efficiency in the Use of Investments

question 19

Multiple Choice

The best measure of managerial efficiency in the use of investments in assets is:

Understand the characteristics and differences between organic and mechanistic organizations.
Recognize the formal organizational elements such as bureaucracy, division of labor, and organizational design practices.
Identify and understand the various types of organization designs, including functional, product, and decentralized designs.
Understand the role and impact of decision-making processes within different organizational structures.

Definitions:

Performance Targets

Specific goals set for individuals or teams to measure and evaluate their efficiency and effectiveness.

Intrinsic Motivation

The drive to do something because it is inherently interesting or enjoyable, without needing external reward or recognition.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise, in contrast to intrinsic motivation, which is driven by internal personal satisfaction.

Call Centre

A centralized office used for the purpose of receiving or transmitting a large volume of requests by telephone, often related to customer service.

Related Questions