Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 17 ISSUE 3
Written by Georgiana Melania COSTAICHE, Anișoara CHIHAIA, Georgiana Armenița ARGHIROIU, Silviu BECIU
In this paper it was attempted to analyze labor productivity in S.C Avicod S.A. It was chosen this medium sized enterprise, because in this case was recorded the biggest average daily gain. Labor productivity shows the efficiency of human resource use, reflecting the efficiency related with the amount of work involved in. Increasing labor productivity is the only effective way to raise salaries without generating inflation in a country's economy. This research is based on the indicators of the profit and loss account of S.C. Avicod S.A, obtained from open data sources offered online by the Ministry of Public Finance from Romania, for the period 2014-2016. The analysis methods used in data processing were: the comparison method, the indices method and chained factor substitution method. The three conditions of a profitable business, including under normal economic conditions, are: cheap inputs, good technical and economic results, and a better capitalization of production.
[Read full article] [Citation]
Next Issue will be published in April
