management
& marketing
Challenges for the Knowledge Society
ISSN 2069–8887
ISSN-L 1842-0206
The official journal of the
Society for Business Excellence
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Management & Marketing no. 1/2006

Management, Efficiency and Efficacy
Abstract. The organization management consists in performing the management processes, materialized in preparing, making and applying of decisions, based on specific mechanisms, with the support of diversified instruments, in an informational, processual and organizatoric-structural perimeter, judiciously delimited.
The decisions adopted by the managers on different hierarchical levels aims the establishing and laying out the objectives, specifying the ways of achieving, dimensioning of the necessary resources, stipulating the intermediary and final terms, delimiting and dimensioning of the structural and processual components involved in achieving the objectives, coordinating and directing the active personnel to establishing and achieving the objectives, evaluating the results, casual seizing of disfunctionalities and strengths, correcting and/or updating the objectives. Its modernization implies carrying on of complex measures which would allow obtaining of an increased efficiency and effectiveness and, implicitly of corresponding performances.
Keyword: management functions; management system components; management efficiency; managerial performances.
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