Defines the essentially amorphous concept of productivity into one which can be applied to the national and firm level. The study goes on to look at South Africa’s productivity record over the years as compared to its major trading partners. Particular attention is paid to the changes in productivity levels within the manufacturing sector of the South African economy. A literature survey is carried out and the various approaches to productivity measurement are investigated. After reviewing the literature it is concluded that the Bela Gold approach to productivity analysis is the most comprehensive and appropriate for productivity analysis at the firm level. The Gold model is developed from first principles and a unified model involving productivity networks, cost structures and managerial control ratios is developed. The model is then tested using data at two levels of the firm i.e. at the production unit level and divisional level. Various conceptual and methodology problems associated with productivity measurement are then briefly discussed and further areas of analysis in the productivity field are suggested.
|Subject||Business administration / Business leadership|
|Subject 2||Business administration / Business leadership|
|Degree Type||Masters degree|