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Performance Measurement Methods in Business Entities

Author

Listed:
  • Ioan-Codruț ȚURLEA

    (Bucharest University of Economic Studies)

Abstract

This study aims to present the performance of an entity. This is tracked using indicators that show the efficiency and effectiveness of the company’s activity. Several ways of measuring performance are presented. In economic entities, in order to measure performance, it is necessary to build a performance model, collect data, analyse and interpret them, extract and communicate information. The indicators that are used by management to reflect the results of the business are performance indicators and steering indicators. Performance indicators are systematised in a dashboard that forms the basis of the analysis of the company’s activity.

Suggested Citation

  • Ioan-Codruț ȚURLEA, 2021. "Performance Measurement Methods in Business Entities," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 2(6), pages 3-7, June.
    • Handle: RePEc:ahd:journl:v:2:y:2021:i:6:p:3-7
    DOI: 10.37945/cbr.2021.06.01
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    More about this item

    Keywords

    management; efficiency; performance; decisions; yield;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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