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The Teachings of Management pp 37–43Cite as

Economy, Efficiency, Effectiveness

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Part of the book series: SpringerBriefs in Business ((BRIEFSBUSINESS))

Abstract

This chapter asks the question why it makes sense to economize and, in addition, to worry about efficiency and effectiveness. Who shall benefit from such concerns? The teachings of management stipulate that organizations stand a better chance of success if managers pay close attention to what their organizations produce, and how.

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Authors and Affiliations

  1. Department of Business Studies, Uppsala University, Uppsala, Sweden

    Karin Brunsson

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  1. Karin Brunsson
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Correspondence to Karin Brunsson .

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Brunsson, K. (2017). Economy, Efficiency, Effectiveness. In: The Teachings of Management. SpringerBriefs in Business. Springer, Cham. https://doi.org/10.1007/978-3-319-56120-2_4

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