The Socio-Economic Essence of Efficiency and a Scientific Approach to It
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Keywords

effectiveness
efficiency
results
quantitative results
qualitative results
resources
financial resource
income
profit
costs

How to Cite

Rasulovich, Z. J. . (2024). The Socio-Economic Essence of Efficiency and a Scientific Approach to It. Spanish Journal of Innovation and Integrity, 36, 150–155. Retrieved from https://www.sjii.es/index.php/journal/article/view/29

Abstract

The article summarizes the theoretical essence of the efficiency category, presents the views of economists within the framework of defining the essential features of this category, provides a critical author's assessment of the views of economists and introduces the author's definition of the efficiency category. The quantitative and qualitative aspects of effectiveness are highlighted. Proposals are given to ensure the efficiency of economic entities.

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