Alevtina Vasilievna KOROTKOVA1, Larisa Vitalyevna BAKULEVSKAYA1, Lyudmila Mikhailovna KORNILOVA2, Anna Sergeevna KORNILOVA2, Evgeniy A. IVANOV3 and Maria Leonidovna TOLSTOVA2
1 Volga State Technological University, Yoshkar-Ola, Russia
2 Chuvash State Agricultural Academy, Cheboksary, Russia
3 Peter the Great St.Petersburg Polytechnic University, St.Petersburg, Russia
Category “efficiency” is one of the fundamental categories in economics. Its high importance is due, first, to the fact that efficiency is associated with the achievement of results, development goals, both of public production and private sector. In scientific research, interpretation of the concept of “efficiency” has become widespread, and today it is used in the following context: “performance”.