INVESTMENT - STRATEGIC DECISION

Vaduva Cecilia Elena and Vaduva Maria
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Vaduva Cecilia Elena: CONSTANTIN BRANCUSI UNIVERSITY FROM TARGU-JIU
Vaduva Maria: CONSTANTIN BRANCUSI UNIVERSITY FROM TARGU-JIU

Annals - Economy Series, 2018, vol. 6, 112-118

Abstract: The non-substantial investments are the investments concretizing in new knowledge, superior quality, and scientific ideas. The assessment methodology remains approximately the same differing by the quantification mode of effectives and expenses. Any qualitative level of any product determines economic and financial effects, the increase of quality has to be analyzed also by the economic efficiency which has a general character totalizing partial efficiencies of the economic unit, sub-branches and branches of national economy. The economic efficiency level depends on the volume and quality of resources and the results. The efficiency is calculated as a report between the size of the efforts and the one of the effects. The connection between the volume and the quality of the efforts is established by the economic efficiency as factors determining the effects and the results between the volume and the quality of the efforts as factors generating effects and the results to be obtained in a certain period as a consequence of performing those efforts.

Keywords: economic efficiency; quality of products; economic effects; indicators of effectives; efficiency of investigation–innovation–development (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2018:v:6:p:112-118

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