Some Conceptual and Related Aspects of Organisational Efficiency

Although conventionally 'organisation' has been considered a factor of production in economics, the economists have paid very little attention either to explaining the concept adequately or to evaluating precisely the crucial role of organisational efficiency. This neglect is possibly due to the various technical difficulties associated with its conceptualisation and measurement. In this backdrop, the present study aims at analysing the various conceptual and related aspects of organisational efficiency with a view to familiarise the readers with its intricacies; to emphasize its significance as the uitimate force behind a fiml's success; and there by, to bridge, to sollie extent, the information gap existing at present in this respect.