Cutting costs means task is done with minimum resources, so efficient. However, not achieving target production means goals are not met, so not effective. Therefore, the situation represents Efficient but not Effective.
CUET UG 2023 — Business Studies Business Studies
Cutting down the cost but not achieving the target production is an example of:
Held on 29 May 2023 · Verified 13 Jul 2026.
Effective but not efficient
Effective and efficient both
Efficient but not effective
Neither efficient nor effective
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