Efficiency of the enterprise in the theory of economics – which definitely is the best of the issue? Cover Image

Efektywność przedsiębiorstwa w teorii ekonomii – która z definicji najlepiej oddaje istotę zagadnienia?
Efficiency of the enterprise in the theory of economics – which definitely is the best of the issue?

Author(s): Justyna Gerlach, Matuesz Gil
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: efficiency; economy; business

Summary/Abstract: The aim of the article is to signal a new look at the concept of effectiveness, which can be considered in two aspects: organizational and economic. Organizational efficiency defined as the company’s ability to adapt to changes in the environment on a current and strategic basis, as well as to use the resources positively to achieve its goals. Economic efficiency, the point of reference is the efficiency of the company’s operation, management methods (Total Quality managment, continuous improvement, information flows) and adaptation to the requirements and expectations of customers. When can a company be described as effective? If, while making full use of its resources, it is able to satisfy the good for which there is market demand without excessive stocks.

  • Issue Year: 2018
  • Issue No: 18
  • Page Range: 13-22
  • Page Count: 10
  • Language: Polish