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Performance Measurements, Critical Facts to Business Growth – Exemplification on Automotive Industry

Author

Listed:
  • Ilinca HOT?RAN

    () (The Bucharest University of Economic Studies, Romania)

  • Andreea Ileana ZAMFIR

    () (The Bucharest University of Economic Studies, Romania)

Abstract

An important consideration in the process of modeling business processes is that in order to improve, you must define the current state of work. Accordingly, the general argument for business growth based on performance measurement is that in order to improve the process in the future, you must know how activities are conducted in the present. The article presents the key elements of performance measurements in relation to business growth, taking also into account main challenges and obstacles. The author based the research upon a larger study of increasing performance, developed inside four companies from an extended supply chain in automotive industry, relating the theoretical discoveries in the field with the real business experience.

Suggested Citation

  • Ilinca HOT?RAN & Andreea Ileana ZAMFIR, 2012. "Performance Measurements, Critical Facts to Business Growth – Exemplification on Automotive Industry," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 363-370, December.
  • Handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:363-370
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    File URL: http://www.management.ase.ro/reveconomia/2012-2/11.pdf
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    References listed on IDEAS

    as
    1. Eduard Mădălin Dinu & Costin Ciora, 2012. "Best Practices in Incentive Compensation from the Perspective of Value-based Management," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(31), pages 273-285, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    performance; measurements; processes; automotive industry.;

    JEL classification:

    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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