Organizational Management, Efficiency, Efficacy and Competitiveness

Tãnãsoaica Laura-Georgeta ()
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Tãnãsoaica Laura-Georgeta: Romanian American University of Bucharest, Faculty of Management-Marketing

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 1261-1264

Abstract: Management guarantees the increase of functionality and competitiveness of the companies and it has an impact of organization efficiency and efficacy. A performance management uses an approach that joins the two concepts, at strategy level. Also, competitiveness is an important concept that represents the essence of progress, setting quality and price standards, determining the growth of productivity, supports innovation and improving. The grounds for achieving competitiveness are given by the competitive advantage. It represents the organization’s ability to control the competition forces. Competitiveness, efficiency and efficacy of an organization are given by its ability to excel on the market it covers with its products and/or services

Keywords: management; efficiency; efficacy; competitiveness. (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2011
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