Managing for Profit

The Added Value Concept

R. R. Gilchrist

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English

Routledge
29 October 2019

Business strategy; Budgeting & financial management; Organisational theory & behaviour

Series: Routledge Library Editions: Management

In this book, first published in 1971, the author develops and tests a productivity system based on Added Value as the measure of company income and output. The theory behind the system is that the behaviour of a company can best be explained in terms of its need to create an income. From this, it follows that its effectiveness depends on the efficiency with which it uses all the resources at its disposal to create this income. If it is accepted that the need is to create an income, then the efforts of the employees, the objectives of individuals, the pricing procedures, and the control systems must be co-ordinated to achieve this end. This title will be of interest to students of management, economics, and business studies.

By: R. R. Gilchrist
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781138566392
ISBN 10: 113856639X
Series: Routledge Library Editions: Management
Pages: 168
Publication Date: 29 October 2019
Audience: Professional and scholarly , College/higher education , Undergraduate , Further / Higher Education
Format: Paperback
Publisher's Status: Active

Preface; 1. The Nature of Company Income 2. Men, Motivation and Money 3. Incomes and Employment 4. Prosperity and Productivity 5. The Added Value Concept 6. The Productivity of Labour 7. The Employee’s Share of Company Income 8. The Productivity of Capital 9. Costing and Cost Standards 10. Budgeting 11. Budgetary Control 12. Pricing for Profit 13. Incentives for Profit 14. Prosperity and the Executive 15. Company Income and the Value Added Tax; Further Reading; Glossary; Index

R. R. Gilchrist