CHAPTER 1 INTRODUCTION 1.1 Background of the Study Productivity is the output of an industrial concern in relation to the materials‚ labor it employs. It is also the average measure of the efficiency of production‚ a ratio of output to what is required to produce its (inputs of capital‚ labor‚ land‚ energy‚ materials‚ etc.). The measure of productivity is defined as a total output per one unit of a total input. Productivity is also confused with terms like efficiency and effectiveness and these
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Is it a problem if one percent of Americans possess 50% of American wealth and assets? Kelvin Howard PHI 103 Informal Thinking Instructor Stephen Krogh February 25‚ 2013 One percent of Americans possess more cash‚ stocks and property than the assets of 155 million Americans combined. How could it be that 400 people have more wealth than half of the more than 100 million U.S. households? The distribution of wealth pertains to allotment of wealth in a given place and/or time. It measures
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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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true that illiteracy is becoming a serious problem in industrialised nations. This is surprising as most people think that this is a problem only in under-developed nations such as in parts of Africa and India. Illiteracy is related to many other problems such as poverty‚ over-population and governmental corruption. Let us take a more detailed look at the causes of this growing problem in many Western nations. One of the most obvious reasons for the increase in illiteracy is the advent of television
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Most people would agree that raising the minimum wage sounds like a good idea‚ but arguments arise concerning if this increase would benefit the economy. Jared Bernstein believes that a minimum wage increase would positively affect the American economy. He argues that the economy is driven by consumer spending and lowincome workers are very likely to spend their extra earned money. On the contrary‚ Douglas HoltzEakin strives to make the point that raising the minimum wage would not be beneficial to the economy
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for growth and innovation took place. The American industry changed the economical customs for a long time to come. For starters‚ many developed new creative inventions. Christopher Sholes invented the typewriter in 1867. This caused a revolution in the printing industry‚ allowing the economy to flow. Many jobs were created by the Remington Company‚ a company that bought the design. Back then‚ the main acceptable job for women was to teach. This industry enabled women to perform clerical tasks more
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The Illusion of the Capital Gains Tax Increase Policymakers and researchers have long been interested in how potential changes to the capital gains tax system affects the health of the overall economy. A capital gain is the increase in the value of a capital asset realized over its cost basis (Saxton). The lower tax rate for capital gains is the policy that the United States has followed from the inception of the income tax‚ a policy followed by almost every other advanced economy on earth. As numerous
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growing rate of women in prison has spawned widespread awareness in our society; leading people to question why the percentage multiplied exponentially over the past three decades. In the past‚ female offenders have not only been compared to their male counterparts‚ but to society’s view on the role of women; the roles that labeled them as housewives and mothers. But how did these housewives and mothers go from the home to the prisons? The subject of women’s issues has sporadically been discussed
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Andrew Carnegie: An American Captain of Industry By far the most profitable businessman during his age‚ Andrew Carnegie left his mark on industry‚ and profoundly impacted the expansion of business enterprise in America. Essentially‚ Carnegie rose from poverty to become one of the most influential‚ industrial tycoon’s in history by single-handedly building the American steel industry. During his time‚ Carnegie was known as being a prolific writer‚ but is most remembered for the entrepreneurial‚
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one of the most burning problems of nowadays. Now millions of chimneys‚ cars‚ buses‚ trucks all over the world exhaust fumes and harmful substances into the atmosphere. These poisoned substances pollute everything: air‚ land‚ water‚ birds and animals people. So‚ it is usually hard to breathe in the large cities where there are lots plants. Everything there is covered with soot and dirt. All these affect harmfully. Environmental pollution is one of the most acute problems of modern society. The Earth
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