DEA Evaluations of the Business Performance: A Case Study of Ecology Industry in Taiwan

Chin Miel Su, Ping-Fu Hsu, Shih-Kai Lin

Ekoloji, 2019, Issue 107, Pages: 337-340, Article No: e107044

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Abstract

There are many diversified methods that can assess the business performance of the ecology industry. Usually, administrators use their experience to conduct their judgment, which lacks scientific and systematic objective evidence. Therefore, it can easily cause mistakes in the administration. Data Envelopment Analysis, a linear planning technique in research, is one of the methods that can be used to assess business performance and is often used to solve this issue. Through the information from the input and output items, this study was conducted to measure the relative business performance of eco-enterprises. In real practice, data collection and an analysis of each department are usually used to offer objective reference values and benchmark for learning, before suggestions are offered for specific directions and goals for improvement in order to help eco-enterprises enhance their business performance.

Keywords

performance assessment, DEA, relative performance, ecology industry, benchmark for learning

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