Theoretical and practical concepts of financial efficiency in food processing sector
Anna Zielińska-Chmielewska , Almir Alihodžić , Luboš Smutka
AbstractThe issue of efficiency of food processing enterprises is ever-present because of the continuous process of improving the quality standards of raw materials, complying with the procedures in food production, introduction of modern production technology and, above all, due to the large number of actors who are competing for customers in the domestic and foreign food market. In the coming years Polish food processing sector will be facing significant challenges with the inevitable slow and gradual decrease in the cost advantages of raw materials’ prices, as well as ready to eat products. Enterprises, as they constitute the majority in manufacturing business, in the long run will need to determine the efficiency, and hence competitiveness of Polish food processing sector. The aim of the paper is to review the domestic and foreign literature in terms of classification and systematization of the concept, types and methods of measuring the efficiency of food processing entities in Poland. In the theoretical part of the study methods of descriptive, comparative, deductive and synthetic analysis are used. In the practical part of the study appropriately selected types of methods adequate for efficiency measurements are presented. The results of the analyses are based on the results of author’s own calculations, as well specific findings from business practice both from inland and abroad.
|Journal series||Proceedings of International Scientific Symposium "Economy of Eastern Croatia - Vision and Growth" , ISSN 1848-9559, (0 pkt)|
|Publication size in sheets||0.5|
|Conference||8th International Scientific Symposium Economy of Eastern Croatia - Vision and Growth, 30-05-2019 - 31-05-2019, Osijek, Chorwacja|
|Keywords in Polish||efektywność, wydajność, rodzaje efektywności, przetwórstwo żywności, Polska|
|Keywords in English||efficiency, effectivity, types of efficiency, food processing, Poland|
|Score||= 5.0, 08-06-2020, ArticleFromJournal|
|Publication indicators||= 0|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.