<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The issue of improving the efficiency of business operations is of particular importance in the conditions of modern business environment. For managers, the big challenge is how to achieve and to maintain, not to mention how to improve efficiency in a highly heterogeneous, complex, uncertain and unpredictable business environment. Significant sources of enterprise efficiency in a modern business environment are enterprise restructuring, business activities, as well an integrated approach to cost management, which is becoming an increasingly important determinant of business success and a source of competitive advantage. The paper provides an overview of theoretical and empirical research of the effects of certain sources on the performance of the enterprise. The conclusion is that only the complementary exploitation of all sources contributes to improving the efficiency of the enterprise in the long run.</p></abstract>

The issue of improving the efficiency of business operations is of particular importance in the conditions of modern business environment. For managers, the big challenge is how to achieve and to maintain, not to mention how to improve efficiency in a highly heterogeneous, complex, uncertain and unpredictable business environment. Significant sources of enterprise efficiency in a modern business environment are enterprise restructuring, business activities, as well an integrated approach to cost management, which is becoming an increasingly important determinant of business success and a source of competitive advantage. The paper provides an overview of theoretical and empirical research of the effects of certain sources on the performance of the enterprise. The conclusion is that only the complementary exploitation of all sources contributes to improving the efficiency of the enterprise in the long run.

Enterprise Efficiency Sources in the Contemporary Business Environment

Economic Themes

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Enterprise Efficiency Sources in the Contemporary Business Environment"}

The issue of improving the efficiency of business operations is of particular importance in the conditions of modern business environment. For managers, the...

Enterprise Efficiency Sources in the Contemporary Business Environment

Published Online: Sep 26, 2019

Page range: 321 - 334

Received: Aug 12, 2018

Accepted: Oct 29, 2018

DOI: https://doi.org/10.2478/ethemes-2018-0019

Keywords
efficiency, restructuring, integrated cost management

© 2018 Violeta Domanović et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Enterprise Efficiency Sources in the Contemporary Business Environment

Published Online: Sep 26, 2019

Page range: 321 - 334

Received: Aug 12, 2018

Accepted: Oct 29, 2018

DOI: https://doi.org/10.2478/ethemes-2018-0019

Keywordsefficiency, restructuring, integrated cost management

© 2018 Violeta Domanović et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
efficiency, restructuring, integrated cost management