Concept in Definition ABC
Miscellanea / / July 04, 2021
By Cecilia Bembibre, on Feb. 2010
When you talk about effectiveness, you are referring to the capacity or skill that a person, an animal, a machine, a device or any element can demonstrate to obtain a certain result from an action. Efficiency is about optimizing all procedures to obtain the best and most anticipated results. In general, effectiveness involves a process of organization, planning and projection that will have the objective that those established results can be achieved.
The term of effectiveness is applied mainly to areas in which actions have to have specific and controlled results, such is the case of business and commercial areas. In this sense, the effectiveness of an action will first seek to access the resourcesAppropriate methods and procedures that generate the best consequences for the specific activity. Examples of such situations can be foreseeing changes in the stock market trade to achieve the expected profits and thus increase the heritage of a company or institution
. In these areas, achieving these results is of great importance because it is the means through which they ensure the correct development of their activity.Efficacy can normally be confused with the idea of efficiency, but here it is important to point out that the latter assumes a certain level of efficiency while maximizing resources and investment of time or money to achieve the expected results. As long as something can be effective because it achieves the objectives for which such action was carried out, it may not necessarily be efficient if does not recognize the best means or methods to make such a result the consequence of an appropriate use of the resources. Effective then it can be a company or institution in which the expected results are achieved but with a enormous expenditure and higher than the stipulated resources, so the effectiveness ends up not being entirely profitable.
Effectiveness Issues