FUNCTIONAL EFFICIENCY AND STABILITY OF ROAD TRANSPORT ENTERPRISES

  • Joanna Fryca-Knop University of Gdańsk, Faculty of Economics, Chair of Economics and Management of Transport Companies
  • Andrzej Letkiewicz University of Gdańsk, Faculty of Economics, Chair of Economics and Management of Transport Companies
  • Beata Majecka University of Gdańsk, Faculty of Economics, Chair of Economics and Management of Transport Companies

Abstract

The variability of the environment requires road transport enterprises to adapt to new conditions in short and long strategic management perspectives. Both approaches require them to set measurable objectives whose fulfilment improves their efficiency and durability. The measures to achieve the partial objectives are the measures of effectiveness, efficiency, productivity, profitability, and earning capacity. Consequently, the ability to identify, measure, and achieve goals in a changing environment builds vitality, creating conditions for the sustainability of an economic entity. 

Published
Feb 12, 2018
How to Cite
FRYCA-KNOP, Joanna; LETKIEWICZ, Andrzej; MAJECKA, Beata. FUNCTIONAL EFFICIENCY AND STABILITY OF ROAD TRANSPORT ENTERPRISES. Transport Economics and Logistics, [S.l.], v. 73, p. 9-16, feb. 2018. ISSN 2657-6104. Available at: <http://www.znetil.ug.edu.pl/index.php/etil/article/view/147>. Date accessed: 21 nov. 2019. doi: http://dx.doi.org/10.5604/01.3001.0010.8296.