International conference on multidisciplinary science

STRATEGIES FOR ENHANCING ECONOMIC EFFICIENCY IN MODERN BUSINESSES

Raximov Azamat Hamrokulovich

Independent researcher of Samarkand institute of economy and service

Xolikulov Anvar Nematovich

Associate professor of the Samarkand institute of economics and service

Keywords: economic efficiency, business strategies, resource allocation, technological integration, lean management, process reengineering, employee empowerment, data analytics, performance metrics, sustainable growth, competitive advantage, operational effectiveness, strategic initiatives, innovation, cost reduction, productivity improvement.

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Abstract

This article delves into the strategies crucial for elevating economic efficiency in contemporary businesses. Economic efficiency, the cornerstone of sustainable growth and competitiveness, is explored through a lens that emphasizes productivity, innovation, and resource optimization. By examining key theoretical frameworks and practical approaches, this article aims to provide actionable insights for organizations seeking to maximize their operational effectiveness and strategic advantage in today's dynamic market landscape.

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