EIRP Proceedings, Vol 6 (2011)

Abstract

The performance is generally known to be a special achievement in a field of activity. The
measurement of performances represents a system of control techniques meant to make sure that the
achievements from various centers of responsibility within the enterprise are in conformity with the norms
established for each of them and to apply positive or negative sanctions if the achievements are sensitively off
track from the selected norms. In the economic specialized literature, the performance is perceived in three
different ways, respectively: - performance – the strategic objectives’ achievement level; defining
performance depending on the creation of value; - efficiency versus efficacy in defining the performance. The
performance of the enterprise is known nowadays under the name of sustainable development, a concept
targeting the achievement of three objectives: - the growth of the enterprise’s financial performance; -the
development of its surrounding environment’s efficacy; - the favoring of the social development.