Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/127017
Title: Economic efficiency as a factor of enterprise development
Authors: Miciuła, Ireneusz
Bielawa, Anna
Król-Smetak, Dominika
Wojtaszek, Henryk
Kurylczyk, Apoloniusz
Romańczuk, Michał
Chojnacka, Małgorzata
Keywords: Industrial management
Welfare economics
Competition
Private companies -- Finance
Issue Date: 2024
Publisher: University of Piraeus. International Strategic Management Association
Citation: Miciuła, I., Bielawa, A., Król-Smetak, D., Wojtaszek, H., Kurylczyk, A., Romańczuk, M., & Chojnacka, M. (2024). Economic efficiency as a factor of enterprise development. European Research Studies Journal, 27(2), 478-487.
Abstract: PURPOSE: The article aims to show economic efficiency as the main factor determining the possibility of functioning and development of enterprises.
APPROACH/METHODOLOGY/DESIGN: The main research methods are a review of national and world scientific and practical literature and case studies among businesses.
FINDINGS: The determinants of overall economic efficiency identified during the analysis will allow the development of practical recommendations for optimal management in enterprises, which results in opportunities for further growth in the global market economy.
PRACTICAL IMPLICATIONS: The practical implications of the research results included in the article will constitute recommendations for activities in managing companies that can be used in business practice, which will translate into higher financial results.
ORIGINALITY/VALUE: The original value of the article is the analysis and classification of factors responsible for the economic efficiency of enterprises.
URI: https://www.um.edu.mt/library/oar/handle/123456789/127017
Appears in Collections:European Research Studies Journal, Volume 27, Issue 2

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