Determination of Enterprise’s Efficiency on the Basis of the Life Cycle Theory

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Journal paper

Russian Journal of Entrepreneurship *
№ 3-2 / March, 2010
* Этот журнал не выпускается в Первом экономическом издательстве

Please, cite as:
Kirsanova E.V. Opredelenie effektivnosti deyatelnosti predpriyatiya na baze teorii zhiznennogo tsikla // Rossiyskoe predprinimatelstvo. – 2010. – Tom 11. – № 3. – S. 4-9.

Abstract:
The article suggests an approach to the definition of "enterprise’s efficiency" on the basis of the life-cycle theory. To establish a clear link between the company’s goals and effectiveness of its activities, the author identifies two concepts: "effectiveness of the state" and "efficiency of processes”. She considers a change in the enterprise’s efficiency determined by the combination of effectiveness of the state and efficiency of processes at different stages of the life cycle.

Keywords: enterprises efficiency, life cycle of enterprise

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