ECONOMIC THINKING AS A SIGNIFICANT PREREQUISITE FOR THE EFFICIENT MANAGEMENT AND FUNCTIONING OF THE DEFENCE SECTOR
ECONOMIC THINKING AS A SIGNIFICANT PREREQUISITE FOR THE EFFICIENT MANAGEMENT AND FUNCTIONING OF THE DEFENCE SECTOR
Author(s): Viera FrianováSubject(s): Education, General Reference Works, Business Economy / Management, Political Sciences
Published by: Regional Department of Defense Resources Management Studies
Keywords: economic thinking; efficiency; economic management; economization; education
Summary/Abstract: The objective of the article is to draw attention of readers to the importanc eof economic thinking in order to solve various current economic problems in thedefence sector as well as to indicate how economic thinking and behaviour of thesector members, especially managers, can increase the overall effi ciency of theArmed Forces activities or the effi ciency of the defence sector activities. The authorin the article defi nes the general economic principles (3E principles) of resourcemanagement, highlights the problem of application of the effi ciency principle in thepublic sector and also in terms of the Department of Defence of the Slovak Republicand suggests some possible ways to solve some of current economic issues. In thiscontext the author of the article also points to the need to educate managers inthe economic fi eld. The article is the output of a research and development projectundertaken at the Armed Forces Academy of General M. R. Štefánik in Liptovský Mikuláš, the Slovak Republic
Journal: Journal of Defense Resources Management (JoDRM)
- Issue Year: 6/2015
- Issue No: 1
- Page Range: 13-20
- Page Count: 8
- Language: English
