Asian Journal of Multidimensional Research (AJMR)
  • Year: 2016
  • Volume: 5
  • Issue: 6

Empirical analysis of economicindicators of a company using statistics

  • Author:
  • Jasdeep Singh Chadha
  • Total Page Count: 9
  • Page Number: 1 to 9

Associate Professor, IILM Institute for Businesess & Management, Gurgaon

Online published on 11 July, 2017.

Abstract

Economically effective performanceis one of the primary objective of the company. It involves various decision such as allocation of cash resources which are labor.raw material.energy, capital etc.

The objectives of a company is measured in two terms Effectiveness and Efficiency former is the extent to which goals have been met and later is extent to which goals have been achieved with resources at hand.

So in this context it is important to identify factors that are to be considered for getting desired income and study the degree influence they have on economic indicators of the company. This paper provides an analysis of these factors and their extent of Correlation on economic indicators using advance descriptive statistics tools such as Regression. Data of WIPRO have been taken for analysis (Source: Annual reports)

Keywords

Economically effective performance, Effectiveness, Efficiency, Correlation, Correlation