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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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Published in: | National productivity review 1986-10, Vol.5 (4), p.376 |
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description | 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. |
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identifier | ISSN: 0277-8556 |
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issn | 0277-8556 1520-6734 |
language | eng |
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source | ABI/INFORM Archive; ABI/INFORM Global |
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 |
title | 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 |
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