Vol. 3 No. 1-2 (2009)
Articles

Efficiency indicators in different dimension

Published May 30, 2009
András Nábrádi
University of Debrecen, Faculty of Agricultural Economics and Rural Development, Department of Business Economics and Marketing
Károly Pető
University of Debrecen, Faculty of Agricultural Economics and Rural Development, Department of Business Economics and Marketing
Viktória Balogh
University of Debrecen, Faculty of Agricultural Economics and Rural Development, Department of Business Economics and Marketing
Erika Szabó
University of Debrecen, Faculty of Agricultural Economics and Rural Development, Department of Business Economics and Marketing
Andrea Bartha
University of Debrecen, Faculty of Agricultural Economics and Rural Development, Department of Business Economics and Marketing
Krisztián Kovács
University of Debrecen, Faculty of Agricultural Economics and Rural Development, Department of Business Economics and Marketing
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APA

Nábrádi, A. ., Pető, K. ., Balogh, V. ., Szabó, . E. ., Bartha, A. ., & Kovács, . K. . (2009). Efficiency indicators in different dimension. Applied Studies in Agribusiness and Commerce, 3(1-2), 7-22. https://doi.org/10.19041/APSTRACT/2009/1-2/1

There are several variations of efficiency definitions and of course ratios concerned with efficiency. A better understanding of the notion of efficiency is critical to dissolve ambiguity about it. Many confuse efficiency with other supposedly synonymous notions such as profitability, successfulness, competitiveness, liquidity or productivity. This ambiguity originates not only in subjective reasons, but the lack of hierarchical order among certain ideas. The primary driver in our research is, to systematize efficiency in general, and formulate a new categorical approach of the efficiency in corporate level.