Briefly describe the differences between ‘cost-effectiveness’ and ‘cost efficiency’.
Introduction In the management and planning of education systems, especially in distance education, it is crucial to understand the concepts of cost-effectiveness and cost efficiency. While both terms deal with the financial aspects of education delivery, they differ in their focus and application. Understanding these concepts helps in making better decisions regarding the allocation of […]
Briefly describe the differences between ‘cost-effectiveness’ and ‘cost efficiency’. Read More »