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the efficiency of labour

См. также в других словарях:

  • efficiency ratio — A ratio that measures the efficiency of labour or an activity over a period by dividing the standard hours allowed for the production by the actual hours taken. It is usually expressed as a percentage, using the formula: (standard hours allowed × …   Accounting dictionary

  • efficiency ratio — A ratio that measures the efficiency of labour or an activity over a period by dividing the standard hours allowed for the production by the actual hours taken. It is usually expressed as a percentage, using the formula: (standard hours allowed × …   Big dictionary of business and management

  • Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

  • Labour productivity — is defined by the OECD to be the ratio of a volume measure of output to a volume measure of input OECD Manual: “Measuring Productivity; Measurement of Aggregate and Industry Level Productivity Growth.” (2002) Volume measures of output are… …   Wikipedia

  • The United States of America —     The United States of America     † Catholic Encyclopedia ► The United States of America     BOUNDARIES AND AREA     On the east the boundary is formed by the St. Croix River and an arbitrary line to the St. John, and on the north by the… …   Catholic encyclopedia

  • Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …   Wikipedia

  • Labour and Labour Legislation — • Labour is work done by mind or body either partly or wholly for the purpose of producing utilities Catholic Encyclopedia. Kevin Knight. 2006. Labour and Labour Legislation     Labour and Labour Legislation …   Catholic encyclopedia

  • Efficiency wages — In labor economics, the efficiency wage hypothesis argues that wages, at least in some markets, are determined by more than simply supply and demand. Specifically, it points to the incentive for managers to pay their employees more than the… …   Wikipedia

  • labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

  • The Wealth of Nations — An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written… …   Wikipedia

  • labour — /lay beuhr/, n., v.i., v.t., adj. Chiefly Brit. labor. Usage. See or1. * * * I In economics, the general body of wage earners. In classical economics, labour is one of the three factors of production, along with capital and land. Labour can also… …   Universalium

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