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Value for money- efficiency

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Value for money- efficiency

  • This topic has 1 reply, 2 voices, and was last updated 3 months ago by John Moffat.
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  • March 14, 2022 at 12:15 pm #651261
    Anonymous11
    • Topics: 12
    • Replies: 10
    • ☆

    Hello sir,

    If a public school has staff to students ratio of 1:12.
    Another school has staff to students ratio of 1:10

    My question is which school will be more efficient considering the fact that value for money is used to measure their performance.

    Thanks in advance

    March 14, 2022 at 3:54 pm #651274
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49611
    • ☆☆☆☆☆

    The first school is the most efficient because the have more students per member of staff.

    (They might not be as effective – we do not know.)

    Have you watched my free lectures giving examples of both?

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