Abstract
The article describes the main modern approaches to the effectiveness of the enterprise; the concept of a culture of efficiency of the enterprise is proposed; its functions are described, which include integration, socialization, information, regulatory, epistemological and innovative. The content of a culture of efficiency, including complexes of material culture and non-material, external and internal cultures, is determined. It is proved that the management of effectiveness in terms of cultural content depends on a methodical approach to the essence of effectiveness.
Highlights
The development of the enterprise and its long-term activity depends on a culture of business operations, including the relationship to resources
Efficiency reflects the correlation of results and costs, and with the help of control over investment, constant, variable costs, the enterprise has the opportunity to determine the feasibility of the volumes of their attraction
Materials and methods of research In this study, a monographic analysis method was used, which allowed to determine modern approaches to the essence of efficiency; method of causal induction, the use of which allowed to show the dependence of efficiency on its culture; the method of abstraction allowed to form a structural composition of a culture of efficiency
Summary
The development of the enterprise and its long-term activity depends on a culture of business operations, including the relationship to resources. Rational and careful use of resources provides a targeted application of such enterprise positioning tool in the competitive field as efficiency. The importance for understanding the efficiency category and its application as a practical lever for managing processes and their results in the enterprise, as well as the role of efficiency in regulating relations with the external environment can’t be overemphasized both at the stage of crisis states and during the period of economic growth. The experience of recent years shows that the struggle for resources that becomes a critical component of competition, between enterprises, and between states. It is access to resources that ensures the production capacity, which is related to labor, rhythm of work and even financial results, and allows the enterprise to be mobile and mobile in making decisions on commodity policy and market behavior
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
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 callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
