fact that longer hours may have detrimental effects on work life balance and productivity. Work life balance has been defined as a phenomenon whereby optimum prioritisation between work and life aspects are achieved (Maxwell & MacDougall 2004). Nevertheless‚ many employees are unable to achieve an appropriate work life balance and this causes serious impacts on the health and individual wellbeing that effect work productivity. Achieving a good balance between work and life is critical because losing
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Introduction 2. Production 3. Stages of Production 4. Production Function 5. Production Time Periods 6. Marginal productivity Theory i. Diminishing Marginal Productivity ii. Example 1 iii. Example 2 7. References Introduction Diminishing returns‚ also called law of diminishing returns or principle of diminishing marginal productivity‚ economic law stating that if one input in the production of a commodity is increased while all other inputs are held fixed‚ a point
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PAPER WRITTEN IN PARTIAL FULFILMENT OF THE ESSAY CONTEST ON CYBER CRIME BY ONUOHA‚ MAUREEN CHIZOBA C/O MR. DIKE G. OKORONKWO‚ PLOT 607 MONSTERRADO STREET‚ (NEAR RUSSEL CENTRE) WUSE ZONE 4‚ ABUJA‚ NIGERIA 2348055954286 27TH MAY‚ 2005 onuchizoba@yahoo.com INTRODUCTION Over the past twenty years‚ unscrupulous computer users have continued to use the computer to commit crimes; this has greatly fascinated people and evoked a mixed feeling of admiration and fear. This phenomenon has
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Telecommuting Increases Productivity Telecommuting‚ also known as work-from-home‚ is a common practice among many business firms. In many articles‚ authors claim that telecommuting makes noticeable contribution to companies‚ increasing productivity by around 15%-50%. However‚ to some CEOs‚ telecommuting is not an attractive option. They think that most people exaggerate the significance of telecommuting because they worry about losing direct control over the employees. Actually‚ telecommuting can
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Unit 201 : Improving Productivity Using IT Unit Code : 201 Unit Code Reference : J/502/4156 QCF level : 2 Credit value : 4 Guided learning hours : 30 Unit Summary This unit is about the skills and knowledge needed by the IT User to plan and review their use of predefined or commonly used IT tools for activities that are at times non-routine or unfamiliar. As a result of reviewing their work‚ they will be able to identify and use automated methods or alternative ways of working
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MODIFIED MULTIFACTOR PRODUCTIVITY APPROACH TO MEASURE PRODUCTIVITY OF OPERATIONS by Balbinder S. Deo (2004) Compiled By: Saurabh Deewan(078) Shivani M. Gupta(082) Siddhi Agarwal(110) Introduction • • • Motto of an Organization: How can the desired quality product be produced for the least cost? This fundamental question tightly links the productivity of operations to cost of operations which is “Productivity is the inverse of cost”‚ if the relationship is described in a formal logic Managers
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Why is high productivity important for a nation? 2. Why do you suppose that service jobs have lower productivity than manufacturing jobs? 3. How can a company gain a competitive advantage by having higher productivity than its competitors have? Answer: high productivity important for nation because high productivity increase the economic level and also increase the living standard ...increase GDP of the country and give competitive advantage in the market ‚ productivity means to work with efficiency
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CHAPTER I INTRODUCTION College is an important chapter in the life of the students. It is the stage of relative “freedom” to the students. Some decisions usually done by the parents are already delegated to them. One of the key decision-makings is related to finances. Students‚ most especially those who came to Cotabato City for college education are given allowances; the least enough for 15 days or a month budget for their daily needs on food‚ fare‚ school projects‚ room rental and others. Being
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CHAPTER 1: OPERATIONS AND PRODUCTIVITY TRUE/FALSE 1. Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements. True (Global company profile‚ easy) The production process at Hard Rock Café is limited to meal preparation and serving customers. False (Global company profile‚ easy) All organizations‚ including service firms such as banks and hospitals‚ have a production function. True (What is operations management
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Improving Productivity Using IT As our organisation is very IT focused there are many different methods and software we use. Our main way of communicating is via email; this saves a lot of time and is also a faster way of letting the whole team know certain information. We use a variety of software to get tasks completed such as word‚ excel‚ PowerPoint‚ internet etc. As we very rarely have customers come into our office‚ most of our communications is by using computers. We have a company website
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