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Approaches on the Operational Performance of Production Systems

Author

Listed:
  • Ioana Florica BADEA

    (The Bucharest Academy of Economic Studies, Romania)

  • Catalina RADU (GHERASE)

    (The Bucharest Academy of Economic Studies, Romania)

  • Ana-Maria GRIGORE

    (The Bucharest Academy of Economic Studies, Romania)

Abstract

The performance concept originated from the concept of firm management. The performance management of the firm involves improving its value-cost relationship, which means that the firm will be able to build a product or service, in terms of achieving cost and profitability targets, and compare the results with strategic forecasts. In addition, performance management also requires the firm's ability to develop a dynamic and continuous progress. In such conditions, its performance evaluation is not an objective in itself, but a means used by the organization to achieve progress. The paper will address issues which relate to improving performance and all the instruments used for this purpose.

Suggested Citation

  • Ioana Florica BADEA & Catalina RADU (GHERASE) & Ana-Maria GRIGORE, 2011. "Approaches on the Operational Performance of Production Systems," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 19-24, December.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:6:p:19-24
    as

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    References listed on IDEAS

    as
    1. Renzl, Birgit, 2008. "Trust in management and knowledge sharing: The mediating effects of fear and knowledge documentation," Omega, Elsevier, vol. 36(2), pages 206-220, April.
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    More about this item

    Keywords

    management; competitiveness; operational performance; performance management; production systems.;
    All these keywords.

    JEL classification:

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

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