Production and business activities Business performance of an enterprise is an economic category that reflects the level of use of human and material resources of the enterprise to achieve the highest results in the business process with total costs. lowest fee. This is a very complex issue, related to many factors and aspects of the enterprise's production and business activities such as: labor, labor materials, labor objects,... - The most general indicator that reflects the business efficiency of an enterprise is determined by the formula: - This indicator reflects how many VND of output is obtained for each input factor in the analysis period. The higher this indicator shows the greater business efficiency of the enterprise. - Output results are calculated by criteria such as: total output value, revenue, profit,... - Input factors are calculated by criteria: production cost, cost of goods sold, total cost, labor norms, materials, objects of operation,...
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