Define and give examples of efficiency and effectiveness

Assignment Help Microeconomics
Reference no: EM133219663

To start this discussion, please define and give examples of efficiency and effectiveness in relation to a particular program of service with which you have an interest. Do some basic research and tell us in your own wrds why this issue is important to you?

Efficiency-the volume of service programs provides compared to their cost. Eventually are the amount of services provided worth the cost. Governments and organizations look at this to push for balanced budgets, control<span;> spending, and eliminate wasted funds.

Effectiveness- Is the impact that services have on the constituents in which they are created to serve.

A big example of ineffective programs or services is a huge debate of powers up here in Alaska. There is a major homeless problem here. When covid hit it went through our homeless community hard so they decided to turn our hockey stadium into a mass shelter and quarantine shelter with testing and medical support. Well the idea seemed like a feasible an efficient and effective way effective way to deal with the problem it actually led to more problems. Yes the homeless did come but they wouldn't stay so it avoided the whole purpose of the quarantine shelter and they ended up spending millions of dollars to rent this plus more money to have people staff the program that that pretty much did not eliminate any of the things they were trying to help out with people we're coming and going they destroyed the it the stadium causing millions more dollars in damages and then the ones that wanted to be there Didn't wanna be there anymore because it wasn't safe and it wasn't disarray. So their answer for that was to buy an old hotel and turn that into a shelter while again the homeless people didn't want to stay there and is there and so it costs millions more dollars for a shelter that sits mostly empty. So while yes they tried to make an efficient and effective program. it proved to be ineffective.

Reference no: EM133219663

Questions Cloud

Identify a particular strategy : Identify the strategy to be adopted and the Key performance indicators used (KPIs). - How did the company / organization plan to achieve their goals?
Compare the combined profit of tesla : Compare the combined profit of Tesla and AMD in (d) with Tesla's profit after acquisition in (e). How much is Tesla willing to pay to acquire AMD?
Presenting a community project presentation : What does it mean to implement one's perspective on best practices when presenting a community project presentation?
Example of a portion of the case study : You will have the opportunity to be creative while showing your knowledge regarding law and ethics in the MA role.
Define and give examples of efficiency and effectiveness : Define and give examples of efficiency and effectiveness in relation to a particular program of service with which you have an interest. Do some basic research
Discuss how the ethical issue featured in the article : You recently discovered that a group of nurses from your community meet once a month to discuss current issues in nursing. Recognizing the value of collaboratin
Have a deeper understanding of how you parents manage : Have a deeper understanding of how you parents manage their income in providing the family's needs and wants.
Learned about the ethical concerns surrounding birth : Reflect on what you have learned about the ethical concerns surrounding birth and the beginning of life. How do you expect to apply what you have learned to you
Define the term derived demand : Define the term "derived demand" and include a real-world example of a derived demand. Do not use an example that was included in our course text

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd