MANAGEMENT OF THE ORGANIZATION’S PERSONNEL AS A GROWTH FACTOR OF ECONOMIC EFFICIENCY
With the development of market relations the role of administrative decisions on effective interaction of all factors of production increases. Aspiration to maximization of received profit dictates economic behaviour logic to any market subject. Enterprise development directly depends on the amount of the received net profit as it is used for creation and modernization of material and technical basis, replenishment of one’s own circulating assets and material stimulation of the workers. The received profit, in its turn, is the final result of labour of the firm’s employees.