Productivity

DE BEEN, Iris, VAN DER VOORDT, Theo and HAYNES, Barry (2016). Productivity. In: JENSEN, Per Anker and VAN DER VOORD, Theo, (eds.) Facilities management and corporate real estate management as value drivers : how to manage and measure adding value. London, Routledge.

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Abstract

According to the Oxford English Dictionary, (economic) productivity means the effectiveness of productive effort, especially in industry, as measured in terms of the rate of output (e.g. goods, products, services) per unit of input (labour, materials, equipment etc.). In scientifi c literature, productivity is comparably defi ned as the relationship between output and input, between results and sacrifi ces (Aronoff and Kaplan, 1995). Output can relate to the number and quality of products or the operating result, for example expressed as the net profi t or market share. Input involves resources, i.e. production factors such as labour, capital, technology, information and facilities.

Item Type: Book Section
Departments: Faculty of Social Sciences and Humanities > Department of Natural and Build Environment
Depositing User: Jill Hazard
Date Deposited: 17 Sep 2018 10:05
Last Modified: 16 Nov 2018 13:05
URI: http://shura.shu.ac.uk/id/eprint/22473

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