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The Concept Of Performance

Author

Listed:
  • Răzvan-Dorin BURZ

    (West University of Timisoara)

Abstract

Despite its frequent use, the notion of performance is rarely explicitly defined, most often, its meaning being considered to be known by default. Studying this issue, we conclude that the performance is either: an excellent result of an action, the result of an action, whether great or not, or the maximum capability. However this is often addressed as a function of two components: efficiency and effectiveness. Taking into account these two components, we propose two analysis matrix reflecting the static and dynamic performance perspective.

Suggested Citation

  • Răzvan-Dorin BURZ, 2013. "The Concept Of Performance," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 1, pages 255-261, June.
    • Handle: RePEc:cmj:seapas:y:2013:i:1:burzrd
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    File URL: http://seaopenresearch.eu/Journals/articles/SPAS_1_29.pdf
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    Citations

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    Cited by:

    1. Mihaela (ȘTEFAN) HINT, 2022. "The Relevance of Cost-Value-Performance Trinom for Organization Management," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 3(7), pages 55-61, July.
    2. Charles Kyale Kisumbi & Dr. Angeline Sabina Mulwa(Ph.D.) & Dr. John Mwaura Mbugua, 2023. "Moderating Influence of Environmental Factors on the Relationship between Participatory project Management Life Cycle and Performance of Mango Farming Projects in Makueni County, Kenya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(5), pages 1026-1044, May.

    More about this item

    Keywords

    Performance; Efficiency; Efficacy;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • D00 - Microeconomics - - General - - - General

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