Scientific journal
European Student Scientific Journal
ISSN 2310-3094

CRITERIAS OF THE DEFITION OF EFFICIENCY OF ACTIVITIES OF THE BUSINESS ORGANISATION

Kochergina K.V. 1 Zayarnaya I.A. 2
1 Vladivostok State University of Economics and (a branch in Nakhodka city)
2 Far-Eastern Federal University(a branch in Nakhodka city)
Existence of correct and relevant information about efficiency of activities of the business organization is important for any business would like to maintain and improve its competitiveness. The evaluation of efficiency of results of the business has been at the beginning of XX century. The methods of evaluation of efficiency were simple for the work and consisted of the calculation and the analysis of financial results of the business. However to the extent that as business increase its management system develop, the managers are difficult to understand such objects, processes and functions affect to efficiency of the business. That’s why many businessmen have a common wrong opinion that for the definition of the efficiency of activities of the business enough such criteria as profit and connect with it results.
efficiency
criteria
the activities of the enterprise
the evaluation