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Organizational Management, Efficiency, Efficacy and Competitiveness

Author

Listed:
  • Tãnãsoaica Laura-Georgeta

    (Romanian American University of Bucharest, Faculty of Management-Marketing)

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

Suggested Citation

  • Tãnãsoaica Laura-Georgeta, 2011. "Organizational Management, Efficiency, Efficacy and Competitiveness," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1261-1264, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1261-1264
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    More about this item

    Keywords

    management; efficiency; efficacy; competitiveness.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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