SOME ASPECTS REGARDING THE PERFORMANCE INDICATORS USED IN THE MANAGEMENT OF A COMPANY
Lala-Popa Ion () and
Anis Cecilia-Nicoleta ()
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Lala-Popa Ion: Universitatea de Vest, Facultatea de Economie si de Administrare a Afacerilo
Anis Cecilia-Nicoleta: Universitatea de Vest, Economie si de Administrare a Afacerilor
Annals of Faculty of Economics, 2010, vol. 1, issue 2, 450-455
Abstract:
To assess the economic performance of an enterprise four indicators are commonly used: return on investment, residual income, economic value added and profitability of sales. The performance analysis is a constituent of any managerial control system. Strategic planning and control decisions require information on how different subunits of the enterprise worked. To be efficient, performance indicators and remuneration have to motivate the managers and the employees from all enterprise levels and to make sustained efforts to implement strategies and to attain business objectives.
Keywords: performance; profitability; economic value added; investments (search for similar items in EconPapers)
JEL-codes: M M2 M21 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2010:i:2:p:450-455
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