Efficiency In Business And Economics

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Principles of Management

Author : Peter Eichhorn,Ian Towers
Publisher : Springer
Page : 366 pages
File Size : 47,9 Mb
Release : 2018-01-10
Category : Business & Economics
ISBN : 9783319709024

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Principles of Management by Peter Eichhorn,Ian Towers Pdf

This textbook presents an overview of how the activities of an organisation can be managed to satisfy the needs of stakeholders through the cost effective, operationally efficient and sustainable transformation of resources into outputs. Taking an interdisciplinary approach, the authors show the relationship between management and economics and within this framework present the key areas of management activity. The book explains the connections between these areas and provides tools and instruments for successful management. The book's approach and content is relevant for all kinds of organisation - private or public sector, service or manufacturing, non-profit, large or small. Each chapter provides cases to illustrate what has been discussed and some questions to test comprehension. Throughout the book is a continuing project in which the reader is put in the position of owning their own business and must think and make decisions about what the chapter has discussed. The book combines Anglo-American and German approaches to management and management studies, making it a valuable resource both for those who are studying management and those who are working as managers.

Efficiency in Business and Economics

Author : Tadeusz Dudycz,Grażyna Osbert-Pociecha,Bogumiła Brycz
Publisher : Springer
Page : 309 pages
File Size : 41,9 Mb
Release : 2017-12-29
Category : Business & Economics
ISBN : 9783319682853

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Efficiency in Business and Economics by Tadeusz Dudycz,Grażyna Osbert-Pociecha,Bogumiła Brycz Pdf

This volume offers a collection of studies on problem of organization’s efficiency, criteria for evaluating the efficiency, tools and methods for measuring the efficiency. The articles included present an interdisciplinary look at efficiency, its essence and the principles of its measurement. The contributions also identify a broad spectrum of conditions for achieving efficiency in various types of organizations and systems (e.g. public institution, non-profit organizations), representing various industries. The book collects selected papers presented at the 7th International Conference "Efficiency as a Source of the Wealth of Nations", held in Wrocław, Poland, in May 2017.

Economics of Efficiency

Author : Norris A. Brisco
Publisher : Forgotten Books
Page : 412 pages
File Size : 41,6 Mb
Release : 2015-06-24
Category : Business & Economics
ISBN : 1330123255

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Economics of Efficiency by Norris A. Brisco Pdf

Excerpt from Economics of Efficiency The growing complexity of the American industrial system and the increasing keenness of competition have introduced a new era in business. Goods are produced and sold on small margins, and the extent of profits depends in a large measure upon efficiency. A new business science has grown up in our midst, and it may be called the science of efficiency. Efficiency is the watchword of future industrial progress, growth, and expansion. The nation which produces with the greatest efficiency will be the one which will lead the van of industrial nations. The business man who heeds the edicts of efficiency will be the one who will be able to produce at the least cost, and to command markets. The aim of efficiency is the elimination of waste. The new science of efficiency bases business activity upon knowledge. Knowledge takes the place of guesswork and ignorance. Efficiency demands a scientific study of the different phases of work to ascertain how it can best be done with the least expenditure of energy, time, and materials. It is giving business a critical aspect, by making a study of how things should be done and how they are done. The chief aim of this book is to open the eyes of business men to the underlying principles of efficiency, to emphasize the importance of these principles, and to explain their methods and workings in such a way that all business men will profit. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Eco-efficiency

Author : Livio D. DeSimone,Frank Popoff
Publisher : MIT Press
Page : 312 pages
File Size : 45,7 Mb
Release : 2000
Category : Business & Economics
ISBN : 0262541092

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Eco-efficiency by Livio D. DeSimone,Frank Popoff Pdf

This book outlines the principles of eco-efficiency and presents case studies of their application from a number of international companies, including 3M and the Dow Chemical Company. The term "eco-efficiency" describes business activities that create economic value while reducing ecological impact and resource use. This book outlines the principles of eco-efficiency and presents case studies of their application from a number of international companies, including 3M and the Dow Chemical Company. It also discusses the value of partnerships--with other companies, business associations, communities, regulators, and environmental and other nongovernmental groups. In the conclusion, the authors argue that business must become more eco-efficient and that governments need to change the conditions under which business operates, including tax and regulatory regimes, to make them more conducive to eco-efficiency.

Economics of Efficiency (Classic Reprint)

Author : Norris A. Brisco
Publisher : Forgotten Books
Page : 412 pages
File Size : 42,7 Mb
Release : 2017-12
Category : Electronic
ISBN : 0260555568

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Economics of Efficiency (Classic Reprint) by Norris A. Brisco Pdf

Excerpt from Economics of Efficiency The growing complexity of the American industrial system and the increasing keenness of competition have introduced a new era in business. Goods are produced and sold on small margins, and the extent of profits de pends ln a large measure upon efficiency. A new busi ness science has grown up in our midst, and it may be called the science of efficiency. Efficiency is the watchword of future industrial progress, growth, and expansion. The nation which produces with the greatest efficiency will be the one which will lead the van of industrial nations. The business man who heeds the edicts of efficiency will be the one who will be able to produce at the least cost, and to command markets. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Productivity and Efficiency Analysis

Author : William H. Greene,Lynda Khalaf,Robin Sickles,Michael Veall,Marcel-Cristian Voia
Publisher : Springer
Page : 331 pages
File Size : 40,9 Mb
Release : 2015-12-29
Category : Business & Economics
ISBN : 9783319232287

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Productivity and Efficiency Analysis by William H. Greene,Lynda Khalaf,Robin Sickles,Michael Veall,Marcel-Cristian Voia Pdf

This proceedings volume examines the state-of-the art of productivity and efficiency analysis and adds to the existing research by bringing together a selection of the best papers from the 8th North American Productivity Workshop (NAPW). It also aims to analyze world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed. The volume comprises of seventeen papers that deal with productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. These papers are relevant to academia, but also to public and private sectors in terms of the challenges firms, financial institutions, governments and individuals may face when dealing with economic and education related activities that lead to increase or decrease of productivity. The North American Productivity Workshop brings together academic scholars and practitioners in the field of productivity and efficiency analysis from all over the world. It is a four day conference exploring topics related to productivity, production theory and efficiency measurement in economics, management science, operations research, public administration, and related fields. The papers in this volume also address general topics as health, energy, finance, agriculture, utilities, and economic dev elopment, among others. The editors are comprised of the 2014 local organizers, program committee members, and celebrated guest conference speakers.

The Business of Economics

Author : John Kay
Publisher : OUP Oxford
Page : 234 pages
File Size : 55,5 Mb
Release : 1996-10-10
Category : Business & Economics
ISBN : 9780191521898

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The Business of Economics by John Kay Pdf

John Kay has been described as the `most important business analyst in Britain bar none', and this book shows why. Here he combines common sense and rigorous economic thinking in a number of essays on business and economic issues—-the competitiveness of UK plc, the stakeholder economy, business strategy, and corporate personality. Kay is well known for his incisive and entertaining columns in the Financial Times (some of which are included here), his regular audio and TV broadcasts, and is much in demand as a speaker and consultant. In The Business of Economics he shares his analysis, thoughts and insights on a range of urgent and important issues facing the country and individual firms. His clear and direct writing style will inform, challenge, and entertain; his rigorous and clever analysis of the corporate world will offer insights into the business problems and decisions faced by executives and managers every day. The book confirms the judgement of the Economist - `that John Kay is well on the way to turning himself into a European Michael Porter.'

When More Is Not Better

Author : Roger L. Martin
Publisher : Harvard Business Press
Page : 206 pages
File Size : 40,7 Mb
Release : 2020-09-29
Category : Business & Economics
ISBN : 9781647820077

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When More Is Not Better by Roger L. Martin Pdf

American democratic capitalism is in danger. How can we save it? For its first two hundred years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentennial celebration in 1976, the American economy was the envy of the world. But since then, outcomes have changed dramatically. Growth in the economic prosperity of the average American family has slowed to a crawl, while the wealth of the richest Americans has skyrocketed. This imbalance threatens the American democratic capitalist system and our way of life. In this bracing yet constructive book, world-renowned business thinker Roger Martin starkly outlines the fundamental problem: We have treated the economy as a machine, pursuing ever-greater efficiency as an inherent good. But efficiency has become too much of a good thing. Our obsession with it has inadvertently shifted the shape of our economy, from a large middle class and smaller numbers of rich and poor (think of a bell-shaped curve) to a greater share of benefits accruing to a thin tail of already-rich Americans (a Pareto distribution). With lucid analysis and engaging anecdotes, Martin argues that we must stop treating the economy as a perfectible machine and shift toward viewing it as a complex adaptive system in which we seek a fundamental balance of efficiency with resilience. To achieve this, we need to keep in mind the whole while working on the component parts; pursue improvement, not perfection; and relentlessly tweak instead of attempting to find permanent solutions. Filled with keen economic insight and advice for citizens, executives, policy makers, and educators, When More Is Not Better is the must-read guide for saving democratic capitalism.

Guide to Reference in Business and Economics

Author : Steven W. Sowards
Publisher : American Library Association
Page : 477 pages
File Size : 51,5 Mb
Release : 2014-07-22
Category : Language Arts & Disciplines
ISBN : 9780838996355

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Guide to Reference in Business and Economics by Steven W. Sowards Pdf

Focusing on print and electronic sources that are key to business and economics reference, this work is a must-have for every reference desk.

Business Efficiency and Ethics

Author : D. Chorafas
Publisher : Springer
Page : 294 pages
File Size : 47,6 Mb
Release : 2014-12-17
Category : Business & Economics
ISBN : 9781137484253

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Business Efficiency and Ethics by D. Chorafas Pdf

Business Efficiency and Ethics presents both the theory of business efficiency and ethics, and a wealth of case studies based on practical experience. This unique perspective offers a framework for identifying this behaviour and reestablishing appropriate business behavior standards.

Efficiency and Equity in Welfare Economics

Author : Pier Carlo Nicola
Publisher : Springer Science & Business Media
Page : 163 pages
File Size : 52,5 Mb
Release : 2012-08-31
Category : Business & Economics
ISBN : 9783642300707

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Efficiency and Equity in Welfare Economics by Pier Carlo Nicola Pdf

Increasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare function under certain constraints which consider both efficiency and equity, i.e. taxes and subsidies, implemented by a public authority. The model is numerically implemented and considers a set of economic agents with starting incomes that satisfy Pareto income law under various values of the alpha parameter. Also, the model implementations respect the social production function. Various experiments are presented which show how income inequality (measured by means of the Lorenz curve and, what I call, the Lorenz-Gini inequality index) and measures of poverty are sensibly reduced by redistributing national income without lowering efficiency in production. A case study, or application, of Italian personal income in 2008 is also presented.

Business Economics

Author : M. Adhikara
Publisher : Excel Books India
Page : 640 pages
File Size : 48,6 Mb
Release : 2002-08
Category : Economics
ISBN : 8174462155

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Business Economics by M. Adhikara Pdf

A trend setting book in the field of Economics, by an author of pioneering contributions in varied disciplines.The present volume is written in a simple and lucid style to equip the reader with a toolkit of economic analysis. (Part-1) reviews the established Concepts and Techniques before venturing into applications of business decisions. (Part-2) is designed for a thorough Microeconomic Analysis of Business Units. Macroeconomic Analysis forms the subject matter in Part-3. Keeping in mind, the latest developments in economic theory and the complex dynamics of the economic world, the author evaluates present day Business Ethics. Considering the growing spate of 'Economic Offences', in and around the world of business and government, the debate and discussion of this issue will certainly interest the readers (Part-4). Theory is substantiated by not only cases but also a monologue encompassing the current state of economics, economists and economies. The book aims to be a reference manual for the students of MBA, PGDBM, M Com, MBE, BBA, BBS, CA, ICWA and other courses related to management and business studies.

Productivity Accounting

Author : Emili Grifell-Tatjé,C. A. Knox Lovell
Publisher : Cambridge University Press
Page : 407 pages
File Size : 53,8 Mb
Release : 2015-01-26
Category : Business & Economics
ISBN : 9780521883535

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Productivity Accounting by Emili Grifell-Tatjé,C. A. Knox Lovell Pdf

Productivity Accounting offers in-depth analysis of variation in business performance, providing an analytical framework which accounts for causes and consequences.

Efficiency Instead of Justice?

Author : Klaus Mathis
Publisher : Springer Science & Business Media
Page : 222 pages
File Size : 45,6 Mb
Release : 2009-03-18
Category : Law
ISBN : 9781402097980

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Efficiency Instead of Justice? by Klaus Mathis Pdf

Economic analysis of law is an interesting and challenging attempt to employ the concepts and reasoning methods of modern economic theory so as to gain a deeper understanding of legal problems. According to Richard A. Posner it is the role of the law to encourage market competition and, where the market fails because transaction costs are too high, to simulate the result of competitive markets. This would maximize economic efficiency and social wealth. In this work, the lawyer and economist Klaus Mathis critically appraises Posner’s normative justification of the efficiency paradigm from the perspective of the philosophy of law. Posner acknowledges the influences of Adam Smith and Jeremy Bentham, whom he views as the founders of normative economics. He subscribes to Smith’s faith in the market as an ideal allocation model, and to Bentham’s ethical consequentialism. Finally, aligning himself with John Rawls’s contract theory, he seeks to legitimize his concept of wealth maximization with a consensus theory approach. In his interdisciplinary study, the author points out the possibilities as well as the limits of economic analysis of law. It provides a method of analysing the law which, while very helpful, is also rather specific. The efficiency arguments therefore need to be incorporated into a process for resolving value conflicts. In a democracy this must take place within the political decision-making process. In this clearly written work, Klaus Mathis succeeds in making even non-economists more aware of the economic aspects of the law.

Foundations of Business Economics

Author : Harry Townsend
Publisher : Routledge
Page : 224 pages
File Size : 55,9 Mb
Release : 2002-01-08
Category : Business & Economics
ISBN : 9781134809721

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Foundations of Business Economics by Harry Townsend Pdf

Foundatioins of Business Economics explains microeconomic analysis in terms of real business situations. The underlying theme of the book is the way in which markets link together interdependent activities and how they confront and solve problems of information. The book covers a wide range of issues, including *The economic way of thinking *The Business environment *Product markets *Market failure *Factor markets *General equilibrium Theory is developed carefully but with a light touch and mathematics kept to a minimum, making the book easily accessible. It will be particularly valuable for those students whose interests lie on the human side of industry. explanation of microeconomic analysis in terms of real business practice. The author examines the way markets link together interdependent economic activities and provides general equilibrium models of the entire economic system.