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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre- and Post-Reform Periods - Softcover
Synopsis
Economists have come to believe that using resources efficiently can lead to differences in the growth rates of economies. Efficient use of resources is known to improve the standard of living of the people thereby increasing their welfare. However, initially 'capital' and later on 'labour' attracted the attention of the economists. The need for the efficient use of resources was only recognized as an important determinant in the growth of economies in the fifties. Economists believe that the developing countries in particular need to concentrate on improving the efficiency of their use of resources, since these economies have an increasing number of people to feed and proportionally little resources at their disposal. Whenever there is talk of efficiency regarding the use of resources it means that all the resources that are used in the process of production should be used efficiently. These resources are: capital, labour, raw materials, power, fuel and the skills of the entrepreneur. Efficiency is reflected in the unit or average cost of production and in the quality of goods. Before the introduction of the reforms, the Indian industrial sector was characterized by numerous controls, which restricted internal as well as external competition. However, after the reforms such controls were loosened and it is now simply expected that the Indian industrial sector uses its resources efficiently. The present study examines whether there have been significant reductions in the components of the average variable cost in the post-reform period as compared to the pre-reform period. Furthermore, it analyses whether there has been any noticeable increase in advertising expenditure of the firms in the post-reform period.
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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Anchor Academic Publishing Mai 2016, 2016
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ISBN 13: 9783960670179
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Economists have come to believe that using resources efficiently can lead to differences in the growth rates of economies. Efficient use of resources is known to improve the standard of living of the people thereby increasing their welfare. However, initially 'capital' and later on 'labour' attracted the attention of the economists. The need for the efficient use of resources was only recognized as an important determinant in the growth of economies in the fifties. Economists believe that the developing countries in particular need to concentrate on improving the efficiency of their use of resources, since these economies have an increasing number of people to feed and proportionally little resources at their disposal. Whenever there is talk of efficiency regarding the use of resources it means that all the resources that are used in the process of production should be used efficiently. These resources are: capital, labour, raw materials, power, fuel and the skills of the entrepreneur. Efficiency is reflected in the unit or average cost of production and in the quality of goods.Before the introduction of the reforms, the Indian industrial sector was characterized by numerous controls, which restricted internal as well as external competition. However, after the reforms such controls were loosened and it is now simply expected that the Indian industrial sector uses ist resources efficientlyThe present study examines whether there have been significant reductions in the components of the average variable cost in the post-reform period as compared to the pre-reform period. Furthermore, it analyses whether there has been any noticeable increase in advertising expenditure of the firms in the post-reform period. 152 pp. Englisch. Seller Inventory # 9783960670179
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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ISBN 13: 9783960670179
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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Anchor Academic Publishing, 2016
ISBN 10: 3960670176
ISBN 13: 9783960670179
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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ISBN 13: 9783960670179
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Economists have come to believe that using resources efficiently can lead to differences in the growth rates of economies. Efficient use of resources is known to improve the standard of living of the people thereby increasing their welfare. However, initially 'capital' and later on 'labour' attracted the attention of the economists. The need for the efficient use of resources was only recognized as an important determinant in the growth of economies in the fifties. Economists believe that the developing countries in particular need to concentrate on improving the efficiency of their use of resources, since these economies have an increasing number of people to feed and proportionally little resources at their disposal. Whenever there is talk of efficiency regarding the use of resources it means that all the resources that are used in the process of production should be used efficiently. These resources are: capital, labour, raw materials, power, fuel and the skills of the entrepreneur. Efficiency is reflected in the unit or average cost of production and in the quality of goods.Before the introduction of the reforms, the Indian industrial sector was characterized by numerous controls, which restricted internal as well as external competition. However, after the reforms such controls were loosened and it is now simply expected that the Indian industrial sector uses ist resources efficientlyThe present study examines whether there have been significant reductions in the components of the average variable cost in the post-reform period as compared to the pre-reform period. Furthermore, it analyses whether there has been any noticeable increase in advertising expenditure of the firms in the post-reform period. Seller Inventory # 9783960670179
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Economists have come to believe that using resources efficiently can lead to differences in the growth rates of economies. Efficient use of resources is known to improve the standard of living of the people thereby increasing their welfare. However, initial. Seller Inventory # 151791530
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
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Anchor Academic Publishing, 2016
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ISBN 13: 9783960670179
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Measuring the Efficiency of Resource Use in Indian Manufacturing Industries in Pre and Post-Reform Periods
Published by
Anchor Academic Publishing Mai 2016, 2016
ISBN 10: 3960670176
ISBN 13: 9783960670179
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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Economists have come to believe that using resources efficiently can lead to differences in the growth rates of economies. Efficient use of resources is known to improve the standard of living of the people thereby increasing their welfare. However, initially ¿capital¿ and later on ¿labour¿ attracted the attention of the economists. The need for the efficient use of resources was only recognized as an important determinant in the growth of economies in the fifties. Economists believe that the developing countries in particular need to concentrate on improving the efficiency of their use of resources, since these economies have an increasing number of people to feed and proportionally little resources at their disposal. Whenever there is talk of efficiency regarding the use of resources it means that all the resources that are used in the process of production should be used efficiently. These resources are: capital, labour, raw materials, power, fuel and the skills of the entrepreneur. Efficiency is reflected in the unit or average cost of production and in the quality of goods.Before the introduction of the reforms, the Indian industrial sector was characterized by numerous controls, which restricted internal as well as external competition. However, after the reforms such controls were loosened and it is now simply expected that the Indian industrial sector uses its resources efficiently.The present study examines whether there have been significant reductions in the components of the average variable cost in the post-reform period as compared to the pre-reform period. Furthermore, it analyses whether there has been any noticeable increase in advertising expenditure of the firms in the post-reform period.Diplomica Verlag, Hermannstal 119k, 22119 Hamburg 152 pp. Englisch. Seller Inventory # 9783960670179