Saturday, October 5, 2019
Essay Questions Example | Topics and Well Written Essays - 750 words - 11
Questions - Essay Example On the other hand, efficiency depends on the time an organization or its employees take to execute a task. An efficient organization has its employees executing tasks within the shortest time possible and utilizing resources optimally. In other words, the employees use the minimum amount of resources to get optimal results. For example, an efficient manager uses emails in communicating with the employees while an inefficient manager uses letters. Both effectiveness and efficiency are equally important for the organization to achieve a high level of success. For example, using the minimal resources to produce goods and services improves performance. Additionally, consistent results improve performance. They enhance consumer satisfaction thus increasing the demand for the goods or services. The managers can improve both effectiveness and efficiency at the same time. For example, they can achieve this by hiring the right workforce to do the right job. Such an employee would not only ensure consistency in results, but would execute his tasks at the minimum time possible. Through this, the organization will attain consistent results using the minimal resources as possible. Both would enhance the organizationââ¬â¢s performance. In October 2014, Wal-Mart announced that it would cut benefits for all the associates that are working less than 30 hours a week. This is unethical for a company that has been in the news for numerous unethical practices over the last a few years. Labor activists are blaming the company for the unfair pay for its workers. According to the activists, the retailer focuses on employing low wage employees, part-time. The employees are crying over low wages (nytimes.com). Some of them cannot even afford the basic needs. This is unethical because it is the responsibility of an organization to ensure that their employees are living a decent life, by paying them a fair salary. In the
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