Publications / 2008 Proceedings of the 25th ISARC, Vilnius, Lituania

The Effectiveness of Diversification of Construction Enterprise Activities

Romualdas Ginevicius, Valentinas Podvezko, Algirdas Andruskevicius
Pages 759-763 (2008 Proceedings of the 25th ISARC, Vilnius, Lituania, ISBN 978-9955-28-304-1, ISSN 2413-5844)
Abstract:

The dynamic transformation of the environment, as well as growing competition make enterprises search for various methods and ways of adapting themselves to the complicated and changing operating conditions. One of these methods is the expansion of the scope of enterprise activities or diversification. Investigations focusing on the problem of construction enterprise activities’ diversification are scarce. The analysis of correlation between diversification level of construction enterprises and their financial activities’ efficiency shows that the existing correlation is strong.

Keywords: efficiency of activities, diversification, indices