Efficiency Vs Effectiveness

Describe the difference between efficiency and effectiveness and identify real organizations you think are, or are not, efficient and/or effective.
Efficiency is an indicator of productivity for the company. The concept measured how well a company uses its resources to accomplish a goal. Efficiency is associated with the capacity of the company to optimize the use of its resources. Efficiency reduces production cost and time invested in produce a good or service. Efficiency means doing the thing right.
Effectiveness is the capability of the company to achieve its goals. This indicator is associate to the skill of choose the appropriate strategy and actions in order to accomplish the company goals. Effectiveness is the way is in which the company achieves its objectives. This measure is associated with quality of the service or product provide and customer satisfaction. Effectiveness means doing the right thing.
To identify a real organization that efficient and or effective or not, I’m going to use the example of Imp Pay, company I worked for three years. This company was planning to invest in a new machine to …show more content…
Distributive negotiation, the negotiation does not contribute to reconcile the parts involved in the conflict since the conflict is solved with a competitive approach. The parties do not feel the necessity of interact to build a good relationship in order to work together to accomplish the task or goal assigned. In the other hand integrative bargaining, the negotiation is the best choice to solve a conflict. In this case the parts assumed the commitment of solve the conflict in a cooperative way. The parts involved are not interested in compete, but instead they want to build a trust relationship, share information, and work together to achieve a good resolution of the conflict. Integrative bargaining is based in the collaboration and compromise toward the goal of the