Abstract
Identification of Key Performance Indicators with the Application of Mathematical and Statistical Methods
Highlights
Performance as an economic category is a complex issue with a differentiated approach to its measurement and evaluation.Measurement and performance evaluation of a business is nowadays a very topical issue, but at the same time considerably extensive and complex process
As far as for the seventies and eighties of the 20th century, it is significant that the attention when measuring the performance of an enterprise was focused on innovations that resulted in the so-called advanced performance indicators that take into account the consequences of current actions and decisions for the future development of business performance and value of economic profit
In the nineties of the 20th century there is a change in the assessment of performance when the assessment of business performance using indicators of profitability goes to the performance evaluation, which is expressed by changing the market value of the company and the value of free financial funds
Summary
Performance as an economic category is a complex issue with a differentiated approach to its measurement and evaluation.Measurement and performance evaluation of a business is nowadays a very topical issue, but at the same time considerably extensive and complex process. In the nineties of the 20th century there is a change in the assessment of performance when the assessment of business performance using indicators of profitability goes to the performance evaluation, which is expressed by changing the market value of the company and the value of free financial funds. In this period there is criticism of synthetic indicators, mainly because of lack of understanding of the causes that affect their achievement and because they are mainly financial indicators
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
