Multifunctional Econometrics Models of Turnover Dynamics of using Primary Factors of the Economic Process

Abstract:

The economic-financial performance increasing, as a primary objective of all economic actors, imposes rigorous studies for substantiation of decisions, both current and strategic ones. The present managerial interests for the strengthening and the development of business involve a scientific logic for grounding the best decisions that ensure the growth of financial performance and strengthening of economic-financial condition. This major desideratum can be attained, only through the endorsement of some viable investigation solutions based on adequate statistical and math logic. In this context the analysis of the turnover dynamics is presented according to the dynamics of efficiency ratio of using the primary factors of the economic process: labor, fixed, means , material and energetic resources.