The problems of the companies effeciency based on the pharmaceutical branch Cover Image

Problematyka oceny efektywności działania firmy na przykładzie branży farmaceutycznej
The problems of the companies effeciency based on the pharmaceutical branch

Author(s): Izabela Witczak
Subject(s): Economy, Business Economy / Management, Management and complex organizations
Published by: Społeczna Akademia Nauk
Keywords: efficiency; effectiveness; methods of efficiency measurement; profitability; financial liquidity

Summary/Abstract: This article presents the different aspects of effeciency which is one of the key isues in economics and management sciences. Economic efficiency is a subject of particular meaning and can be defined as the difference between effects and expenditures. The paper is described the role of efficiency and the methods of efficiency measurement. The approach which is presented in this article is based on the assumption that profitability and financial liquidity should be considered as the main factors of efficiency. There was used the information given by Polish pharmaceutical companies though interview, their financial statement as well as it was taken from internet.

  • Issue Year: 16/2015
  • Issue No: 3.2
  • Page Range: 201-210
  • Page Count: 10
  • Language: Polish