CAUSALITY AND DETERMINISM IN THE TRINOMIAL PRODUCTIVITY - COST - PROFIT RELATIONSHIP AND ITS UTILIZATION IN THE ECONOMIC - FINANCIAL ANALYSIS OF A COMPANY

Dumitru Margulescu () and Serghei Margulescu ()
Additional contact information
Dumitru Margulescu: Athenaeum University of Bucharest
Serghei Margulescu: Nicolae Titulescu University Bucharest

Internal Auditing and Risk Management, 2011, vol. 1, issue 6(21), 11-20

Abstract: A special role in the analysis and evaluation of the functionality of Microsystems (firms, organizations) is attached to the logical-economic format involving causality and determinism to explain certain conditions reflected the fundamental variables such as trinomial relationship between productivity, cost and profit. Obviously in this approach the labor productivity is seen as the basic informational aggregate of the system assessment, through the demonstrated impact on costs and profits substantially by the effect of correlation between labor productivity growth and average wage growth. Networking and measuring such an impact is exemplified in figures.

Keywords: causality; determinism; overall and partial labor productivity; productivity - average wage correlation; rate of labor costs; profit on the turnover; rates of commercial profitability and consumed resources. (search for similar items in EconPapers)
JEL-codes: D24 G31 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://aimr.univath.ro/archive/atharticles/2011-1/2011-1-1.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:tome:21:y:2011(vi):i:6(21):p:11-20

Access Statistics for this article

Internal Auditing and Risk Management is currently edited by Emilia Vasile

More articles in Internal Auditing and Risk Management from Athenaeum University of Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu and Emilia Vasile ().