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Title: management effectiveness and efficience

Essay Details

Subject: Business
Author: Wendy N
Date: September 24, 2013
Level: University
Grade: A
Length: 3 / 872
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

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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