Critical Evaluation and Analysis of Productivity for Manufacturing Firms

Critical Evaluation and Analysis of Productivity for Manufacturing Firms

The Case Study of a Bicycle Manufacturing Unit

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Continuous advancements in technology, globalisation of markets, increasing customer demands and the fierce competition have made the business environment very dynamic, competitive and unpredictable. In such an environment, the companies need to continuously improve their performance, so as to retain their competitive position. Further, the economists, policy makers, managers and entrepreneurs have realised that continuous measurement and improvement of productivity are the keys to sustainable economic growth. Such a situation has forced the manufacturing organisations to become more concerned...