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The poor are marginalized as are the unemployed for not being productive enough. [13] It’s said that when chased by a bear, you don’t have to outrun the bear; you just have to outrun your friend. Critics have pointed out that “being productive” necessitates unhindered access to the means of production, which people don't have.
Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time. [1]
Other synonyms for effectiveness include: clout, capability, success, weight, performance. [13] Antonyms for effectiveness include: uselessness, ineffectiveness. [13] Simply stated, effective means achieving an effect, and efficient means getting a task or job done it with little waste.
Productive efficiency occurs when units of goods are being supplied at the lowest possible average total cost. When drawing diagrams for businesses, this condition is satisfied if the equilibrium is at the minimum point of the average total cost curve. This is again the case for the long run equilibrium of perfect competition.
It results in increased productivity, reduced absenteeism, and enhanced physical and mental well-being, as employees exhibit higher commitment and motivation towards their work. Companies that promote a healthy work-life balance, provide mental health support, and encourage overall well-being tend to have more productive and engaged employees ...
The idea here seems to be that being capitalistically "productive" effectively means "being exploited," or, at least, being employed to do work under the authority of someone else. Marx never finalised his concept of capitalistically productive labour, but clearly it involved both a technical relation (between work and its useful effect) and a ...
The University of Warwick, UK, mentioned in one of their studies that happy workers are up to 12% more productive than unhappy professionals. [ 65 ] Doctor, dentist, armed forces, teacher, leisure/tourism and journalist are the 6 happiest graduate jobs while social worker, civil servant, estate agent, secretary and administrator are the 5 least ...
Furthermore, in comparison to being absent from a job, those exhibiting presenteeism may be far more productive. Nonetheless, a large study by Goetzel et al. estimated that on average in the United States, an employee's presenteeism costs or lost on-the-job productivity are approximately $255. [19]