ECONOMIC EFFICIENCY AND PROFITABILITY
Autor: | Marinela Geamănu |
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Jazyk: | angličtina |
Rok vydání: | 2011 |
Předmět: | |
Zdroj: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, Vol 2, Pp 116-119 (2011) |
Druh dokumentu: | article |
ISSN: | 1584-2339 2285-3065 |
Popis: | Economic efficiency is a term used to estimate the results of an economic activitycomparing to the efforts involved in the respective activity. Economic efficiency is themain qualitative factor of economic growth, as it assures the absolute growth of theoutcome at the same effort amount. Economic efficiency includes profitability, which is ageneral indicator for efficiency. |
Databáze: | Directory of Open Access Journals |
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