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JEL Classification:<\/strong> D24; L29; \u041c21.<\/em><\/td>\n DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V57(2026)-25<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
[\/vc_column_text][vc_column_text]Prychepa Iryna<\/strong>, Candidate of Economic Sciences, Associate Professor, Associate Professor of the Department of Business Economics and Production Management, Vinnytsia National Technical University, Vinnytsia, Ukraine<\/p>\n
ORCID:<\/strong> 0000-0002-0805-2732<\/span><\/a>
\ne-mail: <\/strong>prychepa@vntu.edu.ua<\/span><\/a><\/p>\n
Kudyna Anhelina<\/strong>, Higher education student of the Faculty of Management and Information Security, Vinnytsia National Technical University, Vinnytsia, Ukraine<\/p>\n
ORCID:<\/strong> 0009-0002-2794-2279<\/span><\/a>
\ne-mail: <\/strong>angelinakudyna8@gmail.com<\/span><\/a><\/p>\n
Economic Efficiency of Enterprise Activities: Theoretical Principles and Modern Challenges in Management<\/strong><\/p>\n
Abstract.<\/em><\/strong> Introduction<\/strong>. The article examines the theoretical foundations of economic efficiency in enterprises and the modern challenges of their management. The relevance of the topic stems from the necessity of ensuring the effective functioning of enterprises amid an unstable external environment, increased competitive pressure, the transformation of economic processes, the digitalization of activities, and growing uncertainty in management systems. Under these conditions, rethinking the essence of economic efficiency, clarifying its characteristics, and determining its role in forming an effective management system for enterprise activities becomes particularly important.\u00a0 <\/em><\/p>\n
Purpose.<\/em><\/strong> The article aims to generalize and systematize scientific approaches to interpreting the concepts of \u00abefficiency\u00bb and \u00abeconomic efficiency,\u00bb clarify their meanings, identify the primary characteristics of economic efficiency, and examine the relationship between \u00abefficiency\u00bb and \u00abeffectiveness\u00bb.<\/em><\/p>\n
Results.<\/em><\/strong> The research process employed scientific generalization, systematization, comparative analysis, logical generalization, and analysis and synthesis, as well as scientific abstraction. According to the study’s results, scientific approaches to interpreting the concept of \u00abefficiency\u00bb are summarized. The place of economic efficiency in the system of economic categories was determined, and it was substantiated that economic efficiency is a type of general efficiency. The key characteristics of economic efficiency are identified: its complex nature, its dependence on internal and external environmental factors, and its relationship with the quality of enterprise management activities. The similarities between the interpretations of the concepts of \u00abefficiency\u00bb and \u00abeffectiveness\u00bb are examined, and their meanings are defined.\u00a0 <\/em><\/p>\n
Conclusions.<\/em><\/strong> It is determined that effectiveness characterizes the degree to which set goals are achieved, while efficiency also considers the rationality of the resources used to obtain the corresponding result. The results of the study can be applied to the practical activities of enterprises to improve processes for assessing and managing economic efficiency and to support managerial decision-making under modern business conditions.<\/em><\/p>\n
Keywords:<\/em><\/strong> efficiency; effectiveness; economic efficiency; economic efficiency management; efficiency assessment<\/em><\/p>\n
References<\/b>:<\/strong><\/p>\n
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[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received: 22 June 2026<\/strong><\/p>\n
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Prychepa I., Kudyna A. (2026). Economic Efficiency of Enterprise Activities: Theoretical Principles and Modern Challenges in Management. Modern Economics, 57(2026), 179-186. DOI: https:\/\/doi.org\/10.31521\/modecon.V57(2026)-25.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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[vc_row][vc_column][vc_column_text] JEL Classification: D24; L29; \u041c21. DOI: https:\/\/doi.org\/10.31521\/modecon.V57(2026)-25 [\/vc_column_text][vc_column_text]Prychepa Iryna, Candidate of Economic Sciences, Associate Professor, Associate Professor of the Department of Business Economics and Production Management, Vinnytsia National Technical University, Vinnytsia, Ukraine ORCID: 0000-0002-0805-2732 e-mail: prychepa@vntu.edu.ua Kudyna Anhelina, Higher education student of the Faculty of Management and Information Security, Vinnytsia National Technical University, Vinnytsia,
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