1.

“An efficient staff is an invaluable asset.” Explain the statement.

Answer»
  • Appropriate and efficient staff brings dynamism in all the makes all the activities of an organization.
  • If the employees are efficient and if the organization can satisfy their needs, then the employees can become the driving force of the organization.
  • An efficient staff by making correct use of other factors of production can accomplish the objectives of business successfully.
  • Efficient staff can increase the quality of production. Moreover, their efficiency can lead to higher productivity and reduced wastage.
  • Thus, efficient staff is an invaluable asset.


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