management effectiveness and efficience

Essay specific features

 

Issue:

Business

 

Written by:

Steven M

 

Date added:

February 1, 2016

 

Level:

 

Grade:

B

 

No of pages / words:

4 / 872

 

Was viewed:

523 times

 

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Essay content:

The report states that between December 2002 and June 2003 cost savings of US$310 million were achieved while profit before borrowing and tax was up 15.6% on the previous period. This is exactly what an efficient organisation aims for according to Bergman et al (2003), getting the most output from the least amount of inputs...
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It could be said that BHP Billiton is doing the right things. While BHP is being efficient they are also being quite effective as well. Bergman et al (2003) describes effectiveness as completing activities in order to attain organisational goals. BHP completed around 300 specific projects in this period...
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