The essence and concept of economic efficiency of organization activity

This article describes various approaches to the definition of economic efficiency. It’s very common, that efficiency definition is limited by productivity as ratio of results obtained to resources expended, which it is not entirely correct. Efficiency should be taken into account not only from the economy and productivity point of view, but also from the point of view focused on the demand for the products produced. Also in this article, the essence of economic efficiency is disclosed, economic efficiency is considered from the point of view of complex economic analysis.