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Non-Financial Performance - Dimension of Business Way to be

Author

Listed:
  • Gabriela Sandu

    (Lecturer Ph. D., "Petre Andrei" University of Iasi, Romania)

Abstract

The vision of a profitable enterprise is realized by combining the financial performance with a series of non-financial performance criteria, among which the most popular ones are the use of non-financial indicators, environmental policy, organizational culture, employee motivation, etc.. Performance means satisfying the existing customers, in order to keep them, to obtain a better quality of the goods and services made, to gain new customers. The ultimate goal of financial and non-financial motivations is to obtain the performance, increase the profit of the company, optimize the business. A good cost-benefit ratio clearly results in performance.

Suggested Citation

  • Gabriela Sandu, 2019. "Non-Financial Performance - Dimension of Business Way to be," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Scien, Editura Lumen, Department of Economics, vol. 24, pages 239-245, December.
    • Handle: RePEc:lum:rev11d:v:24:y:2019:i::p:239-245
    DOI: https://doi.org/10.18662/upalaw/44
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    More about this item

    Keywords

    Enterprise; Non-financial motivation of employees; non-financial performance.;
    All these keywords.

    JEL classification:

    • K1 - Law and Economics - - Basic Areas of Law
    • K2 - Law and Economics - - Regulation and Business Law
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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