COMPARATIVE STUDY ON ASSESSING THE PERFORMANCE OF ECONOMIC ENTITIES IN MEHEDINTI COUNTY

The notion of performance normally associated with it other three notions, namely efficiency, economy and effectiveness. Involves either maximizing efficiency results obtained with a given amount of resources or minimizing resources to achieve a predetermined result, being in all cases a report, a comparison of effectiveness (outcome) and effective effort (expense) to obtain the result by a or process. Economics aims at training resources at minimum cost. Effectiveness is the quality of process to produce the desired results and that acts as a control criterion level and the achievement of objectives.