RENTABILITATEA ŞI EFICIENŢA ECONOMICĂ-ELEMENTE DE BAZĂ ÎN MANAGEMENTUL FIRMEI
PROFITABILITY AND ECONOMIC EFFICIENCY - KEY ELEMENTS IN BUSINESS MANAGEMENT
Author(s): Simona Cristina CosteaSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: profitability; economic efficiency; economic activity.
Summary/Abstract: Capitalization expresses the efficiency of financial resources and invested materials în overall business activity by measuring the profitability of the allocated means, more precisely, their relative potential of acquiring profit. Capitalization and efficiency can not be considered to be one and the same because economic efficiency has a more comprising content. Economic efficiency expresses the ability of a commercial activity to result în a positive outcome. This refers also to the level and the degree of one company's accomplishment of the financial objectives în a given period of time.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 20/2010
- Issue No: 3
- Page Range: 8-13
- Page Count: 8
- Language: Romanian