Financial Performance – A Key Factor for Managerial Decisions
The study of economic performance has started by studying the economic efficiency, which treats analytically the links between costs, returns and risks for alternative ways of action proposed to achieve goals. Financial performance has a key-role in achieving performance by an enterprise and is based on a set of indicators that evaluates company’s financial status. From these indicators may be identified factors that can be used to create a mathematical model for substantiation the managerial decisions.
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