economic efficiency of enterprises is a systematic mapping of the results of the use of resources for the considered period of time.This indicator allows us to characterize the change in labor productivity, such as an increase or decrease, completeness and usefulness of the use of resources and production capacity and raw materials.All of the above indicators allow direct production process is on track to achieve the best possible results while minimizing costs.
result of production is traditionally called the final useful product that can be presented in the form issued by the volume of production in value or in kind, as well as national economic activity of the enterprise, which includes not only the quantity but also the consumer cost of goods manufactured.
Thus, economic efficiency - is the ratio of the result of activities to the general operating costs of all the production.In today's world, such indicators can be expressed in the most varied form.At the level of specific production this parameter is expressed as a margin, that is, the ratio for the reporting period came to spent on the production of capital.However, at the national level it is expressed as a figure presented nation-wide results of the whole production is based on 1 hour of labor or per unit of work (employment).
Economic efficiency - a feature that allows you to make the necessary analysis of the company.Consequently, it will be useful not only to the director or manager, but also many others involved in economic practice.For example, creditors, as it provides guarantees that the company will return the invested money;heads of departments of advertising, since the information of this kind is necessary for them to promote the company and the products produced by the market;investors forming securities portfolio, and many others.
Economic efficiency - a measure of the economic efficiency of the system used in the enterprise.The main criterion for this parameter is the level of satisfaction of the needs of society, including the development of the individual.
cost-effective interventions performed for the optimization and feasibility of economic and industrial activities of the enterprise.This makes it possible to more fully utilize existing resources, sharing them between the regions and the various sectors of the economy.Economic efficiency - a characteristic of the production, which is the sum of the effectiveness of all the companies involved in the process.In turn, this index is determined based on the number of output, and is spent on capital investments.Thus it is possible to determine the rate of return, payback period, the turnover of the means used, and more.
