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- W2485198991 abstract "Since the Industrial Revolution of the eighteenth century in western Europe, industrial engineers and managers have had an array of alternative technologies (tools, machines and processes) for accomplishing a work task. On the one hand, improvement in efficiency can be linked to decisions by managers to move from one available method of work performance to another. The managers’ decisions to change the means of production, on the other hand, are made in accordance with the socially approved, mainly economic, criteria and procedures that comprise the rules of microeconomy by which enterprises are operated. As a result, measures of performance at the industry level become increasingly difficult to obtain and are often biased, since many factors are capable of influencing them. However, this does not mean that all aggregate measures are useless. Aggregate efficiency measures denote average contents of performance. They are useful, for instance, for assessing the comparative efficiency of particular industrial units. Measures of this kind have often been used to evaluate technological progressiveness relative to other industries and foreign competitors, the justifications for price increases, and so on (Gold, 1981)." @default.
- W2485198991 created "2016-08-23" @default.
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- W2485198991 date "1996-01-01" @default.
- W2485198991 modified "2023-09-27" @default.
- W2485198991 title "Industrial Performance at the Macro Level" @default.
- W2485198991 doi "https://doi.org/10.1057/9780230372535_6" @default.
- W2485198991 hasPublicationYear "1996" @default.
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