Question

Quantitative measures of managerial success, such as production targets or quotas, are highly foolproof and are thus ideal to use in raising economic efficiency.
True / False.

Answer 1

Answer:

FALSE

Explanation:

Management measures are important in an organization as they contribute to improving production processes, impacting the economic efficiency of organizations. However, these measures are not infallible. Several situations can occur and hinder the completion of a productive goal. These situations may be technical, strategic or human. To avoid this kind of setback, good strategic planning needs to be done.