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Foreign firms like Nissan, Honda and Toyota opened car factories that became efficiency leaders in Europe, taking British car production back up to 1.5m vehicles a year.
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"But capital spending has become efficiency spending and companies may decide to maintain capital expenditures this time and cut the labor force instead".
Subjects are egoistic when their payoff is below their reference point, they become efficiency concerned when satisfied, and the reference point is either the ex ante expectation or the opponent's payoff.
Cultural differences matter very little when the goals become efficiency and productivity.
When ε = 0, then the ε- efficiency becomes the efficiency for (MFP) (see the definition of efficient solution of a multiobjective optimization problem in [21]).
When ε = 0, then the weak ε- efficiency becomes the weak efficiency for (MFP) (see the definition of efficient solution of a multiobjective optimization problem in [21]).
The engine would fail before fuel efficiency became a real problem".
Unfortunately, that practice fell by the wayside as efficiency became the primary concern of schools, rather than what was best for students.
Finally, those dismissed also include managers who despite their previous efficiency, became disqualified in management before 13 December, in the previous difficult months.
During the Machine Age, the demand for efficiency became the driving force of the modern era.
After 1970s oil crises fuel conservation and efficiency became the main focus of the aviation industry.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com