Reviewing the Methods for Evaluation of Efficiency of the Enterprise Management

Abstract

The article is aimed at reviewing the existing methods for evaluation of efficiency of the enterprise management. In the course of analysis of works of both domestic and foreign scholars, the authors found a large number of methods, aggravating the choice of managers of enterprise: which one would be the most effective of them. The most common classifications and a brief description of the existing evaluation methods are provided. The result of the research identifies that today no single classification of existing methods of evaluation is well-developed. The publication presents the distribution of methods in view of defining the concept of efficiency. The presence of conditional separation of methods into formalized and informal is indicated and a brief description of each of them is provided. Further researches in this field can be aimed at comparing the existing methods, identifying the most effective or forming a new one that would take into consideration all the shortcomings and advantages of the available ones.

Keywords

• management efficiency
• efficiency
• evaluation method
• analysis