THE IMPACT OF CONSTRAINED THEORY ON ENTREPRISE PERFORMANCE
Rebeca Ioana Bostan () and
Cristina Mihaela Toma ()
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Rebeca Ioana Bostan: Valahia University of Târgoviste, România
Cristina Mihaela Toma: Valahia University of Târgoviste, România
Contemporary Economy Journal, 2018, vol. 3, issue 4, 185-189
Abstract:
The theory of constraints dates back over 30 years, and its applicability within companies has the role of improving their level of production and efficiency. This article discusses how managers use constrained theory to continuously manage and improve company development goals. The theory of constraints is based on the level of trust provided by high-quality services as a key element used to create the competitive edge for the entity's evolution. According to the theory of constraints, the entity's leadership has the role of improving the performance of production so that the role of production management is to maintain flow and continually improve it.
Keywords: performance; theory of constraints; enterprise; constraints (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:3:y:2018:i:4:p:185-189
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