Title:
Value
Created, Expression And Analyze Indicator of
An Enterprise Efficiency
Abstract: In order to define
the enterprise system efficiency, we have started from the system
efficiency concept as being an economic category which defines the
system quality, its capacity to transform the input into output at the
expected level. We are asking now some questions: What is the
expected level? What is the indicator that defines the expected level?
How does this indicator help us to find the factors involved in its
achievement and to analyze the enterprise efficiency? The modern
indicators of quantifying the performances at microeconomic level are
built using Value Creation concept which insures the desired trend of
development. If the enterprise doesn’t generate earnings / profit
before interest and taxes (PBIT) more than the capital cost used, it
doesn’t create wealth, but it destroys it.
Authors:
Ioan
Marian Miclaus, Alexandru Bologa, Ioan Doros, and Liliana Todor