The Technical-Economic Systems Management
The Technical-Economic Systems Management
Author(s): Cristina Badea BolcasSubject(s): Supranational / Global Economy, Business Economy / Management, Economic development, Globalization
Published by: EDITURA ASE
Keywords: technical-economic systems; economic-efficiency; competitiveness; economic-managerial performance; economic environment;
Summary/Abstract: The economic integration and globalization processes, associated with the permanent limitation of resources consumption, have become the current coordinates of the technical-economic systems (TES). Economic efficiency, as a characteristic of any action, reflects its capacity of producing useful results that are estimated to be superior to the efforts, on the whole. The estimated results represent those effects achieved together with the current and perspective needs of a person or of the community. Up-dating the technical-economic systems, determined by results within the efficiency field and the perspectives on medium and long run, involve a high amount of investments, and the evaluation of their necessity and reliability requires adequate methodologies, easy to adapt and apply.
Journal: Revista de Management Comparat Internațional
- Issue Year: 10/2009
- Issue No: S2
- Page Range: 1103-1108
- Page Count: 6
- Language: English