Political Science · Public Administration
An organization using its resources wisely and in a cost-effective way is considered:
AConservative
BModern
CEffective
DEfficient ✓ Correct
Correct answer: (D) Efficient — Using resources wisely makes an organization efficient, so that is the answer.
Explanation
★Using resources wisely makes an organization efficient, so that is the answer.
★Efficiency is about minimizing waste of resources.
★It focuses on 'doing things right'.
★It looks at the cost of producing results.
★Effectiveness, by contrast, is about achieving goals.
★So cost-effective use of resources is efficiency.
★Thus the answer is efficient.
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