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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. The most common example is the (aggregate) labour productivity measure, one example of which is GDP per worker. There are many different definitions of productivity (including those that are not defined as ratios of output to input) and the choice among them depends on the purpose of the productivity measurement and data availability. The key source of difference between various productivity measures is also usually related (directly or indirectly) to how the outputs and the inputs are aggregated to obtain such a ratio-type measure of productivity.

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48-753: Super Sunday may refer to: Sports [ edit ] Super Sunday or Super Bowl Sunday , the Sunday of the National Football League's championship game in the United States, the Super Bowl Super Sunday or Ford Super Sunday , a live Sunday afternoon Premier League football broadcast on Sky Sports in the UK Other [ edit ] Super Sunday (TV series) ,

96-544: A 1980s American cartoon anthology series from Sunbow and Marvel Productions featuring Hasbro characters Super Sunday (phone-a-thon) , the annual phone-a-thon fundraising drives held by Jewish federations throughout North America, on various Sundays of the year. Super Sunday (computer game) , a 1986 video game published by Avalon Hill for the Apple II and Commodore 64 Super Sunday, in New Orleans, refers to one of

144-465: A complex interaction of factors. Some of the most important immediate factors include technological change , organizational change, industry restructuring and resource reallocation, as well as economies of scale and scope. A nation's average productivity level can also be affected by the movement of resources from low-productivity to high-productivity industries and activities. Over time, other factors such as research and development and innovative effort,

192-693: A driver of productivity itself. There is also considerable evidence to support improved productivity through operant conditioning reinforcement, successful gamification engagement, and research-based recommendations on principles and implementation guidelines for using monetary rewards effectively. Workplace bullying results in a loss of productivity, as measured by self-rated job performance . Over time, targets of bullying will spend more time protecting themselves against harassment by bullies and less time fulfilling their duties. Workplace incivility has also been associated with diminished productivity in terms of quality and quantity of work. A toxic workplace

240-437: A knowledge worker to seemingly produce more in a day than was previously possible in a year. Environmental factors such as sleep and leisure play a significant role in work productivity and received wage. Drivers of productivity growth for creative and knowledge workers include improved or intensified exchange with peers or co-workers, as more productive peers have a stimulating effect on one's own productivity. Productivity

288-404: A measure of the economic growth of nations and industries. GDP is the income available for paying capital costs, labor compensation, taxes and profits. Some economists instead use gross value added (GVA); there is normally a strong correlation between GDP and GVA. The measure of input use reflects the time, effort and skills of the workforce. The denominator of the ratio of labour productivity,

336-572: A production unit or a company, yet, the object of modelling is substantially wider and the information more aggregate. The calculations of productivity of a nation or an industry are based on the time series of the SNA, System of National Accounts . National accounting is a system based on the recommendations of the UN (SNA 93) to measure the total production and total income of a nation and how they are used. International or national productivity growth stems from

384-540: A serious detrimental impact on productivity in an organisation. In companies where the traditional hierarchy has been removed in favor of an egalitarian, team-based setup, the employees are often happier, and individual productivity is improved (as they themselves are better placed to increase the efficiency of the workfloor). Companies that have these hierarchies removed and have their employees work more in teams are called liberated companies or "Freedom Inc.'s". The Kaizen system of bottom-up, continuous improvement

432-904: A specific racial/ethnic group or sexual minority , (week) = week-long holidays, (month) = month-long holidays, (36) = Title 36 Observances and Ceremonies Productivity Productivity is a crucial factor in the production performance of firms and nations. Increasing national productivity can raise living standards because increase in income per capita improves people's ability to purchase goods and services, enjoy leisure, improve housing, and education and contribute to social and environmental programs. Productivity growth can also help businesses to be more profitable. Productivity measures that use one class of inputs or factors , but not multiple factors, are called partial productivities. In practice, measurement in production means measures of partial productivity. Interpreted correctly, these components are indicative of productivity development, and approximate

480-421: Is a rough measure of average living standards or economic well-being and is one of the core indicators of economic performance. GDP is, for this purpose, only a very rough measure. Maximizing GDP, in principle, also allows maximizing capital usage. For this reason, GDP is systematically biased in favour of capital intensive production at the expense of knowledge and labour-intensive production. The use of capital in

528-428: Is a workplace that is marked by significant drama and infighting, where personal battles often harm productivity. While employees are distracted by this, they cannot devote time and attention to the achievement of business goals. When toxic employees leave the workplace, it can improve the culture overall because the remaining staff become more engaged and productive. The presence of a workplace psychopath may have

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576-447: Is added in production and this means more income is available to be distributed. At a firm or industry level, the benefits of productivity growth can be distributed in a number of different ways: Productivity growth is important to the firm because it means that it can meet its (perhaps growing) obligations to workers, shareholders, and governments (taxes and regulation), and still remain competitive or even improve its competitiveness in

624-476: Is influenced by effective supervision and job satisfaction. An effective or knowledgeable supervisor (for example a supervisor who uses the Management by objectives method) has an easier time motivating their employees to produce more in quantity and quality. An employee who has an effective supervisor, motivating them to be more productive is likely to experience a new level of job satisfaction thereby becoming

672-403: Is largely computerized and almost any variable can be viewed graphically in real time or retrieved for selected time periods. In macroeconomics, a common partial productivity measure is labour productivity . Labour productivity is a revealing indicator of several economic indicators as it offers a dynamic measure of economic growth , competitiveness , and living standards within an economy. It

720-446: Is largely influenced and affected by operational byproducts—meetings. The past few years have seen a positive uptick in the number of software solutions focused on improving office productivity. In truth, proper planning and procedures are more likely to help than anything else. Overall productivity growth was relatively slow from the 1970s through the early 1990s, and again from the 2000s to 2020s. Although several possible causes for

768-424: Is that of Robert Solow 's (1957): "I am using the phrase 'technical change' as a shorthand expression for any kind of shift in the production function . Thus slowdowns, speed ups, improvements in the education of the labor force and all sorts of things will appear as 'technical change' ." The original MFP model involves several assumptions: that there is a stable functional relation between inputs and output at

816-404: Is the assembly line and the process of mass production that appeared in the decade following commercial introduction of the automobile. Mass production dramatically reduced the labor in producing parts for and assembling the automobile, but after its widespread adoption productivity gains in automobile production were much lower. A similar pattern was observed with electrification , which saw

864-446: Is the measure of labour productivity (and all that this measure takes into account) which helps explain the principal economic foundations that are necessary for both economic growth and social development. In general labour productivity is equal to the ratio between a measure of output volume (gross domestic product or gross value added) and a measure of input use (the total number of hours worked or total employment). The output measure

912-738: Is the second-largest food consumption event in the United States, behind Thanksgiving dinner , and some police departments have noticed a dramatic increase in drunk driving . Food is usually served buffet style, rather than as a sit-down meal. Foods traditionally eaten include buffalo wings , chili , baby back ribs , dipping sauces , pizza , and potato chips . Many pizza delivery businesses see their order numbers double and 28 million pounds (13,000 t) of chips, 1.25 billion chicken wings and 8 million pounds (3,600 t) of guacamole are consumed. (federal) = federal holidays, (abbreviation) = state/territorial holidays, (religious) = religious holidays, (cultural) = holiday related to

960-438: Is typically net output, more specifically the value added by the process under consideration, i.e. the value of outputs minus the value of intermediate inputs. This is done in order to avoid double-counting when an output of one firm is used as an input by another in the same measurement. In macroeconomics the most well-known and used measure of value-added is the gross domestic product or GDP. Increases in it are widely used as

1008-613: The Super Bowl , the National Football League (NFL)'s annual championship game, is played. It was the first Sunday in February from Super Bowl XXXVIII in 2004 until Super Bowl LV in 2021, but is now the second Sunday, beginning with Super Bowl LVI . Festivities typically involve groups of people gathering to watch the game. Although not an official holiday , many families and friends gather together to watch

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1056-491: The GDP or even invalid because this measure allows maximizing all supplied inputs, i.e. materials, services, energy and capital at the expense of producer income. When multiple inputs are considered, the measure is called multi-factor productivity or MFP. Multi-factor productivity is typically estimated using growth accounting . If the inputs specifically are labor and capital, and the outputs are value added intermediate outputs,

1104-677: The GDP-measure is considered to be as valuable as the production's ability to pay taxes, profits and labor compensation. The bias of the GDP is actually the difference between the GDP and the producer income. Another labour productivity measure, output per worker, is often seen as a proper measure of labour productivity, as here: "Productivity isn't everything, but in the long run it is almost everything. A country's ability to improve its standard of living over time depends almost entirely on its ability to raise its output per worker." This measure (output per worker) is, however, more problematic than

1152-598: The Super Bowl festivities and a gentlemen's agreement not to compete against the game (most cable and broadcast networks are owned by a limited number of companies , most of which hold NFL rights ), generally resort to low-cost counterprogramming measures like the Puppy Bowl . Alternative football leagues have, especially since the Pro Bowl moved to the week before the Super Bowl, frequently begun their seasons

1200-510: The UK's 'productivity puzzle' is an urgent issue for policy makers and businesses to address in order to sustain growth. Over long periods of time, small differences in rates of productivity growth compound, like interest in a bank account, and can make an enormous difference to a society's prosperity. Nothing contributes more to reduction of poverty, to increases in leisure, and to the country's ability to finance education, public health, environment and

1248-503: The annual celebrations staged by Mardi Gras Indian tribes, and held in Uptown, Downtown, or the west bank of New Orleans See also [ edit ] Super Soul Sunday , an American daytime television talk show hosted by Oprah Winfrey Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Super Sunday . If an internal link led you here, you may wish to change

1296-627: The biggest gains are normally from adopting new technologies, which may require capital expenditures for new equipment, computers or software. Modern productivity science owes much to formal investigations that are associated with scientific management . Although from an individual management perspective, employees may be doing their jobs well and with high levels of individual productivity, from an organizational perspective their productivity may in fact be zero or effectively negative if they are dedicated to redundant or value destroying activities. In office buildings and service-centred companies, productivity

1344-610: The development of human capital through education, and incentives from stronger competition promote the search for productivity improvements and the ability to achieve them. Ultimately, many policy, institutional and cultural factors determine a nation's success in improving productivity. At the national level, productivity growth raises living standards because more real income improves people's ability to purchase goods and services (whether they are necessities or luxuries), enjoy leisure, improve housing and education and contribute to social and environmental programs. Some have suggested that

1392-504: The economy-wide level of aggregation, that this function has neoclassical smoothness and curvature properties, that inputs are paid the value of their marginal product, that the function exhibits constant returns to scale, and that technical change has the Hicks’n neutral form. In practice, TFP is "a measure of our ignorance", as Abramovitz (1956) put it, precisely because it is a residual. This ignorance covers many components, some wanted (like

1440-493: The effects of technical and organizational innovation), others unwanted (measurement error, omitted variables, aggregation bias, model misspecification) Hence the relationship between TFP and productivity remains unclear. When all outputs and inputs are included in the productivity measure it is called total productivity. A valid measurement of total productivity necessitates considering all production inputs. If we omit an input in productivity (or income accounting) this means that

1488-521: The efficiency with which inputs are used in an economy to produce goods and services. However, productivity is only measured partially – or approximately. In a way, the measurements are defective because they do not measure everything, but it is possible to interpret correctly the results of partial productivity and to benefit from them in practical situations. At the company level, typical partial productivity measures are such things as worker hours, materials or energy used per unit of production. Before

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1536-467: The event. The television network carrying the game (either CBS , Fox , ABC , or NBC ) will usually devote the entire day's programming schedule to the game, with extended pregame shows, NFL Films retrospectives of the previous season, and special versions of the Sunday morning talk shows in the morning and afternoon hours leading into the game. Competing networks, due to the severe loss of viewers to

1584-459: The game, as fans use the bathroom. Churches sometimes cancel afternoon or evening services, hold football-themed charity drives, or deliver sermons designed to appeal to male members of the congregation. NFL executives have called for a three-day weekend in order to allow fans to celebrate the event, and there is thought to be a loss of productivity in the American work force on Monday after

1632-498: The game, including those who are not normally football fans. Although sports bars have been busy in the past, it is becoming more common for people to watch the game from home due to the increasing size of televisions as well as to save money. Because watching the Super Bowl is so popular, stores are often empty of shoppers during the game, particularly in the regions represented by the two teams playing, and water usage drops, with significant rises in use during halftime and after

1680-994: The highest productivity gains in the early decades after introduction. Many other industries show similar patterns. The pattern was again followed by the computer, information and communications industries in the late 1990s when much of the national productivity gains occurred in these industries. There is a general understanding of the main determinants or drivers of productivity growth. Certain factors are critical for determining productivity growth. The Office for National Statistics (UK) identifies five drivers that interact to underlie long-term productivity performance: investment, innovation, skills, enterprise and competition . Research and development (R&D) tends to increase productivity growth, with public R&D showing larger spillovers and smaller firms experiencing larger productivity gains from public R&D. Technology has enabled massive personal productivity gains—computers, spreadsheets, email, and other advances have made it possible for

1728-401: The input measure is the most important factor that influences the measure of labour productivity. Labour input is measured either by the total number of hours worked of all persons employed or total employment (head count). There are both advantages and disadvantages associated with the different input measures that are used in the calculation of labour productivity. It is generally accepted that

1776-411: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Super_Sunday&oldid=1194136589 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Super Bowl Sunday Super Bowl Sunday is the day on which

1824-470: The market place. Adding more inputs will not increase the income earned per unit of input (unless there are increasing returns to scale). In fact, it is likely to mean lower average wages and lower rates of profit. But, when there is productivity growth, even the existing commitment of resources generates more output and income. Income generated per unit of input increases. Additional resources are also attracted into production and can be profitably employed. In

1872-510: The measure is called total factor productivity (TFP]. TFP measures the residual growth that cannot be explained by the rate of change in the services of labour and capital. MFP replaced the term TFP used in the earlier literature, and both terms continue in use (usually interchangeably). TFP is often interpreted as a rough average measure of productivity, more specifically the contribution to economic growth made by factors such as technical and organisational innovation. The most famous description

1920-419: The measurement of productivity shall be developed so that it "will indicate increases or decreases in the productivity of the company and also the distribution of the ’fruits of production’ among all parties at interest". According to Davis, the price system is a mechanism through which productivity gains are distributed, and besides the business enterprise, receiving parties may consist of its customers, staff and

1968-584: The most immediate sense, productivity is determined by the available technology or know-how for converting resources into outputs, and the way in which resources are organized to produce goods and services. Historically, productivity has improved through evolution as processes with poor productivity performance are abandoned and newer forms are exploited. Process improvements may include organizational structures (e.g. core functions and supplier relationships), management systems, work arrangements, manufacturing techniques, and changing market structure. A famous example

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2016-454: The omitted input can be used unlimitedly in production without any impact on accounting results. Because total productivity includes all production inputs, it is used as an integrated variable when we want to explain income formation of the production process. Davis has considered the phenomenon of productivity, measurement of productivity, distribution of productivity gains, and how to measure such gains. He refers to an article suggesting that

2064-412: The slowdown have been proposed there is no consensus. The matter is subject to a continuing debate that has grown beyond questioning whether just computers can significantly increase productivity to whether the potential to increase productivity is becoming exhausted. In order to measure the productivity of a nation or an industry, it is necessary to operationalize the same concept of productivity as in

2112-483: The suppliers of production inputs. In the main article is presented the role of total productivity as a variable when explaining how income formation of production is always a balance between income generation and income distribution. The income change created by production function is always distributed to the stakeholders as economic values within the review period. Productivity growth is a crucial source of growth in living standards. Productivity growth means more value

2160-593: The total number of hours worked is the most appropriate measure of labour input because a simple headcount of employed persons can hide changes in average hours worked and has difficulties accounting for variations in work such as a part-time contract , paid leave , overtime , or shifts in normal hours. However, the quality of hours-worked estimates is not always clear. In particular, statistical establishment and household surveys are difficult to use because of their varying quality of hours-worked estimates and their varying degree of international comparability. GDP per capita

2208-577: The weekend following Super Bowl Sunday to capitalize on football fans seeking more football after the end of the NFL season. Examples include the Arena Football League from 2002 to 2006 , Alliance of American Football in 2019 , Fan Controlled Football in 2021 , and all incarnations of the XFL to date, including 2001 , 2020 and 2023 . Large amounts of food and alcohol are consumed. It

2256-452: The widespread use of computer networks, partial productivity was tracked in tabular form and with hand-drawn graphs. Tabulating machines for data processing began being widely used in the 1920s and 1930s and remained in use until mainframe computers became widespread in the late 1960s through the 1970s. By the late 1970s inexpensive computers allowed industrial operations to perform process control and track productivity. Today data collection

2304-575: Was first practiced by Japanese manufacturers after World War II, most notably as part of The Toyota Way . Productivity is one of the main concerns of business management and engineering. Many companies have formal programs for continuously improving productivity, such as a production assurance program. Whether they have a formal program or not, companies are constantly looking for ways to improve quality, reduce downtime and inputs of labor, materials, energy and purchased services. Often simple changes to operating methods or processes increase productivity, but

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