The document discusses the differences between efficiency and effectiveness and provides interview questions about hiring managers, labor management processes, contract agreements, internal organizational factors, and managing the external environment. Specifically, it asks about preferring electrical engineers, accountants or marketers for managing an electric company; explaining labor management processes; elements of a contract; internal factors in Porter's value chain model; and managing external environmental factors.
The document discusses the differences between efficiency and effectiveness and provides interview questions about hiring managers, labor management processes, contract agreements, internal organizational factors, and managing the external environment. Specifically, it asks about preferring electrical engineers, accountants or marketers for managing an electric company; explaining labor management processes; elements of a contract; internal factors in Porter's value chain model; and managing external environmental factors.
The document discusses the differences between efficiency and effectiveness and provides interview questions about hiring managers, labor management processes, contract agreements, internal organizational factors, and managing the external environment. Specifically, it asks about preferring electrical engineers, accountants or marketers for managing an electric company; explaining labor management processes; elements of a contract; internal factors in Porter's value chain model; and managing external environmental factors.
1. Explain difference between efficiency and effectiveness.
Use example to elaborate
them. 2. If you are in a position of hiring electric corporation manager which professional do you prefer between electrical engineer, accountant and marketing professionals? Why? 3. If you sit for an interview for vacancy and asked about labor management process, so how do you explain labor management for him/her? 4. How do you explain contract in contract agreement? List and explain elements of contract. 5. Discuss the following
a. One of the factor in an organization is internal factor, therefor discus about the internal factor of porters value chain model
b. How do we manage the environment and interact from the factors in an