The Binomial Relation Effects – Efforts in Human Economic Activities

Abstract:

These days, it grows more and more noticeable the insistent concern to increase performance and efficiency within the economic activities. Today, companies develop their activity within an environment which is permanently changing, especially from the technological point of view and due to the market conditions [1]. In the context of the great changes from the world economy, the action of the market contemporary forces determines certain behaviour of the companies within this sector, which become more and more engaged in the race of resources, quality, customers and suppliers, in which the top role is played by the top quality management. The paper analyze the concept of “efficiency” within the correlation between the efforts and the effects. In the same time, the author emphasizes the binomial interdependency between the optimal and efficient alternatives.