2.7.3 Improved productivity and profitability According to Tangen (2005:728) profitability is most of time confused with productivity. It is described that profitability considers the monetarily effects‚ while productivity considers the real progression that takes place among purely physical phenomena. Profitability can be defined as the relationship of money between the output and input‚ thus including the influence of price-factors. Pekuri‚ Haapasalo and Herrala (2011:41)‚ states that profitability
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of the office environments can be used to influence organizational performance. In this regard‚ the layout of the office can help to improve productivity such it provides good support for meetings with uninstructed group work‚ improve team work‚ enhance good working environment and increase job satisfaction. Firstly‚ it can help to improve the productivity in office such as support for meetings with uninstructed work. Workstation is important to boost employee well-being. Which is to say‚ the employee
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The Balanced Scorecard for Hospital Performance and Productivity ABSTRACT The purpose of this paper is to provide an overview of the usefulness of the Balanced Scorecard in improving a hospital’s management and delivery of health care at reduced cost without loss of quality. This paper describes an approach to designing and implementing a balanced scorecard system for measuring performance and productivity in a hospital setting. Specific measures of performance criteria are suggested as well as
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vity on Impact of Job Involvement on the Job Productivity of female school teachers of Pakistan Anum Javed Abstract This research paper is about studying the impact of job involvement on the job productivity of female school teachers. Job involvement is measured through four independent variables i.e. job satisfaction‚ burnout and stress‚ work-family conflicts‚ family obligations which in turn affect the job productivity. . We used seven points likert scale. The aim of this study is to see
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“ANALYSIS ON EMPLOYEE MOTIVATION AND ITS EFFECT ON EMPLOYEE PRODUCTIVITY” A Project Report submitted in partial fulfillment of the requirement for the course of MASTERS DEGREE IN BUSINESS ADMINISTRATION (MBA) Submitted by: D’SOUZA JOSLYN JERALD Register Number: 1116040 Under the Guidance of Internal guide External Guide Mrs. Claret D’Souza Mr. P Suresh Asst. Professor‚ MBA Deputy Manager‚ HR AIMIT
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1. The importance of employee benefits as a strategic component of fulfilling the goals of HRM is to produce quality workers and to keep turnovers at a minimal. Although many benefits are not legally required‚ it is important for companies to keep up with competition and know how to get and keep their employees. Working as a Human Resource Manager I must know what motivates and attracts quality workers‚ with most the paycheck is just not enough‚ they also require benefits or perks to stay or come
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Zychol Case Study – 10% of Final Mark – Due January 21 2015 Bob Richards‚ the production manager of Zychol Chemicals‚ in Houston Texas‚ is preparing his quarterly report‚ which is to include a productivity analysis for his department. One of the inputs is production data prepared by Sharon Walford‚ his operations analyst. The report‚ which she gave his this morning‚ showed the following: 2012 2013 Production (units) 4‚500 6‚000 Raw material used (barrels of petroleum by-products) 700 900 Labour
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2.2 Analyze the relationship between productivity and the cost of production. The definition of productivity is what is put out per the number of hours put in‚ or worked. For instance‚ if you make 50 cookies over 50 hours worked‚ your rate of productivity is 1 per hour. The cost of production is comprised of several factors: fixed costs; variable costs; and the total cost. The fixed costs are defined as “costs that are spent and cannot be changed in the period of time under consideration”
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Some conflicts are minor and go away in a short period of time. And some conflicts can be prolonged and becomes more serious as times goes on. The productivity can be greatly effected with any kind of conflict. Thus‚ how do we identify some of the common conflicts occurs in the work team and resolve such conflicts to achieve maximum productivity. The two main category of conflict in the work team is Personal and Professional. By personal‚ which means that is non work related‚ and Professional
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Work is now commonly organized into teams in most organizations‚ and conventional wisdom is that working in groups is more productive than individual work. Yet‚ research on work in groups shows that teamwork can actually inhibit or even damage productivity. Why? One reason is that under the cover of group work people are less productive‚ sometimes even satisfied that others are the same. Originally‚ this behavior was called “social loafing‚” a term coined by a French professor‚ Max Ringelmann in
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