Improving business efficiency is the driving force behind competition and business progress It is the competition between enterprises that causes enterprises to self explore and innovate management, t.
Improving business efficiency is the driving force behind competition and business progress It is the competition between enterprises that causes enterprises to self-explore and innovate management, technology innovation, change and improve product quality, lower production costs to maintain a foothold in the market school The goal of the business is to develop, the competition is a factor that makes the business stronger, but it can also make the business weaker and may not survive in the market To achieve the goal of survival and expansion, businesses need to produce and supply good quality goods and services at reasonable prices On the other hand, labor efficiency means increasing the volume of goods, improving quality and reducing production costs In the context that Vietnam's economy is on the way of integration with other countries in the region and the world, businesses are facing pressure from foreign enterprises Improving business efficiency is closely related to the survival of the business Improving business efficiency is the base for raising income for owners and employees in enterprises and improving living standards of people in general In short, with fierce competition and integration trends, businesses must operate more efficiently At the same time, the lives of employees must also be improved further, that is the social impact of business activities and improving business efficiency is to improve the ability to survive and develop of each enterprise