OLD AND NEW CONFIGURATIONS REGARDING THE CONCEPT OF ECONOMIC PERFORMANCE
OLD AND NEW CONFIGURATIONS REGARDING THE CONCEPT OF ECONOMIC PERFORMANCE

Summary/Abstract: The performance is generally known to be a special achievement in a field of activity. The measurement of performances represents a system of control techniques meant to make sure that the achievements from various centers of responsibility within the enterprise are in conformity with the norms established for each of them and to apply positive or negative sanctions if the achievements are sensitively off track from the selected norms. In the economic specialized literature, the performance is perceived in three different ways, respectively: performance - the strategic objectives’ achievement level; - defining performance depending on the creation of value; - efficiency versus efficacy in defining the performance. The performance of the enterprise is known nowadays under the name of sustainable development, a concept targeting the achievement of three objectives: - the growth of the enterprise’s financial performance; -the development of its surrounding environment’s efficacy; - the favoring of the social development.

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