Organizational efficiency of enterprises: cost optimization or developments

In article on the basis of the systemic-functional approach considered economic efficiency as an organizational category associated with the value of the result and value of costs. It is proved that the efficiency of functioning of any enterprise can be viewed as a specific subjective assessment. The author has proved that in the practical definition of efficiency of functioning of industrial enterprises it is expedient to abandon the perception of the category “efficiency” as the simple ratio (ratio) and replace it with the notion of determining the true nature of this category is the development direction of production, that is, the term “vector”.