efficiency

Historical overview of the literature on business performance measurement from the beginning to the present

by Kinga Emese Zsidó The paper summarizes the concept of business performance and the performance measurement. The concept of business performance has changed a lot over the past decades. The managers have understood that in order to achieve organizational goals, more emphasis should be placed outside the owners, on other market…

Measuring Technical, Economic and Allocative Efficiency of Maize Production in Subsistence Farming: Evidence from the Central Rift Valley of Ethiopia

by Musa H. Ahmed – Lemma Z. – Endrias G This study measured the technical, allocative and economic efficiencies of maize production in the central rift valley of Ethiopia using cross sectional data collected from randomly selected 138 sample households. The estimated result showed that the mean technical, allocative and economic…

Profitability and efficiency – an analysis of the financial impact of the Szechenyi Plan in the Hungarian hospitality industry

by Elvira Böcskei Continuous changes in the market and macroeconomic factors have made a significant effect on the tourism sector in Hungary. A heavily growing number of hotels could be observed in the past decade. The main question about the hotels built with high investment costs was their expected time of return. Keeping…

MEASURING EFFICIENCY OF INTELLECTUAL CAPITAL IN AGRICULTURE SECTOR OF VOJVODINA

by Biserka Komnenic, Danilo Tomic and Gordana Tomic During three-hundred-year history of the market economy, the main sources of wealth creation have changed from the natural resources (mainly land and relatively unskilled labor with the exception of the master craftsman), tangible material assets (buildings, machinery and equipment, funds) to intangible assets…

EFFECTIVENESS, EFFICIENCY AND SUSTAINABILITY IN LOCAL RURAL DEVELOPMENT PARTNERSHIPS

by Krisztián Kis, József Gál & Antal Véha Due to the ever-increasing role the LEADER approach is playing in realizing rural development policy, Local Action Groups (LAGs) have become key actors in the institutional system of rural development. Through their activity in supporting and improving local development, they represent a…

EFFICIENCY ANALYSIS OF DAIRY FARMS IN THE NORTHERN GREAT PLAIN REGION USING DETERMINISTIC AND STOCHASTIC DEA MODELS

by Tímea Gál Running any dairy enterprise is a risky activity: the profitability of the enterprise is affected by the price fluctuation of feed and animal health products from inputs, as well as by the fluctuation of end-product prices. Under these circumstances, it is essential for the cattle breeders, in…

Economic, Practical Impacts of Precision Farming – With Especial Regard to Harvesting

by Ágnes Szolnoki & András Nábrádi Today agricultural practice is faced with a paradigm shift. In terms of natural resources, the World’s growing population calls for rational management and environment-conscious behaviour. Precision farming may provide a solution for the above mentioned criteria and problems. It has an array of technological…