CIPS L4M6 Question Answer
Achieving value for money can often be described as the three Es? What are these?
Ethics, Environment, Economy
Economy, Efficiency, Environment
Efficiency, Economy, Ethics
Effectiveness, Efficiency, Economy
Explanation
The three Es are; Effectiveness, Efficiency and Economy. Sometimes a 4th E is added which is Equity (but this is mainly for the public sector).
TESTED 20 Oct 2025
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