Capital Productivity within the Firm: Capital productivity measurement can help managers give full and appropriate attention to all cost-reduction opportunities involving capital. The neglect of capital productivity

The roots of productivity analysis lie in the labor input to operations. There was a time when the world was simple enough that labor, capital, and land were the only factors of production worth mentioning, and capital and land were largely predetermined by existing social and business structures. T...

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Bibliographic Details
Published in:National productivity review 1986-10, Vol.5 (4), p.376
Main Author: Thor, Carl G
Format: Article
Language:English
Subjects:
Accumulated depreciation
Balance sheets
Book value
Financial analysis
Fixed assets
Inflation rates
Intangible assets
Inventory
Investments
Labor productivity
Productivity measurement
Shareholders equity
Stockholders
Trends
Turnover
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Summary:The roots of productivity analysis lie in the labor input to operations. There was a time when the world was simple enough that labor, capital, and land were the only factors of production worth mentioning, and capital and land were largely predetermined by existing social and business structures. Thus, a business could improve only by improving its use of labor --primarily, if not exclusively, direct labor.
ISSN:0277-8556
1520-6734