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Article

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Title

Economic Efficiency as a Factor of Enterprise Development

Authors

[ 1 ] Wydział Zarządzania i Dowodzenia, Akademia Sztuki Wojennej | [ P ] employee

Scientific discipline (Law 2.0)

[6.6] Management and quality studies

Year of publication

2024

Published in

European Research Studies Journal

Journal year: 2024 | Journal volume: 27 | Journal number: 2

Article type

scientific article

Publication language

english

Keywords
EN
  • private enterprises
  • management
  • welfare development
  • economic conditions
  • competition
  • business and management
  • finance
  • economic efficiency
Abstract

EN Purpose: The article aims to show economic efficiency as the main factor determining the possibility of functioning and development of enterprises. Approach/Methodology/Design: The main research methods are a review of national and world scientific and practical literature and case studies among businesses. Findings: The determinants of overall economic efficiency identified during the analysis will allow the development of practical recommendations for optimal management in enterprises, which results in opportunities for further growth in the global market economy. Practical Implications: The practical implications of the research results included in the article will constitute recommendations for activities in managing companies that can be used in business practice, which will translate into higher financial results. Originality/Value: The original value of the article is the analysis and classification of factors responsible for the economic efficiency of enterprises.

Pages (from - to)

478 - 487

DOI

10.35808/ersj/3413

URL

https://ersj.eu/journal/3413

License type

CC BY (attribution alone)

Open Access Text Version

final published version

Release date

06.2024

Date of Open Access to the publication

at the time of publication

Ministry points / journal

100