THE CONCEPT OF PERFORMANCE

Răzvan-Dorin Burz
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Răzvan-Dorin Burz: West University of Timisoara

SEA - Practical Application of Science, 2013, issue 1, 255-261

Abstract: Despite its frequent use, the notion of performance is rarely explicitly defined, most often, its meaning being considered to be known by default. Studying this issue, we conclude that the performance is either: an excellent result of an action, the result of an action, whether great or not, or the maximum capability. However this is often addressed as a function of two components: efficiency and effectiveness. Taking into account these two components, we propose two analysis matrix reflecting the static and dynamic performance perspective.

Keywords: Performance; Efficiency; Efficacy (search for similar items in EconPapers)
JEL-codes: D00 G30 L21 L25 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2013:i:1:burzrd

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