ECONOMIC EFFICIENCY CONCEPT IN EFFICIENCY ANALYSIS OF COMMERCIAL ORGANIZATIONS

Abstract

Purpose: reveal the essence of the economic efficiency of commercial organizations for the purposes of economic efficiency analysis based on a study of existing approaches to defining the features of this economic category, and the factors affecting it. Discussion: we analyzed of existing approaches to the concept of “economic efficiency”. We identified its factors, specifics of this category and its role in economics. Results: elimination of uncertainties in the definition of “economic efficiency” as a specific economic category.