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Productivity Accounting - The Economics of Business Performance (Paperback)
Loot Price: R1,030
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Productivity Accounting - The Economics of Business Performance (Paperback)
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The productivity of a business exerts an important influence on its
financial performance. A similar influence exists for industries
and economies: those with superior productivity performance thrive
at the expense of others. Productivity performance helps explain
the growth and demise of businesses and the relative prosperity of
nations. Productivity Accounting: The Economics of Business
Performance offers an in-depth analysis of variation in business
performance, providing the reader with an analytical framework
within which to account for this variation and its causes and
consequences. The primary focus is the individual business, and the
principal consequence of business productivity performance is
business financial performance. Alternative measures of financial
performance are considered, including profit, profitability, cost,
unit cost, and return on assets. Combining analytical rigor with
empirical illustrations, the analysis draws on wide-ranging
literatures, both historical and current, from business and
economics, and explains how businesses create value and distribute
it.
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