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The Impact of Improvement in Productivity on the Creation of Value in the Automotive Parts Sector
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Author(s): Ricardo Prada-Ospina (EAN University, Colombia)
Copyright: 2020
Pages: 27
Source title:
Handbook of Research on Increasing the Competitiveness of SMEs
Source Author(s)/Editor(s): Rafael Perez-Uribe (Universidad de la Salle, Colombia), David Ocampo-Guzman (EAN University, Colombia), Carlos Salcedo-Perez (EAN University, Colombia), Lorena Piñeiro-Cortes (EAN University, Colombia)and Maria Del Pilar Ramirez-Salazar (EAN University, Colombia)
DOI: 10.4018/978-1-5225-9425-3.ch023
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Abstract
Improvement in productivity is not an end in itself. It is an intermediate situation applied to exert an impact on results. For its part, created value is the company's power to adapt to environmental conditions, to make relevant adjustments that not only allow its survival, but also the option to enter into other markets successfully. Thus, every interaction that takes place must create value. This chapter identifies present associations between improving productivity by creating value in Bogota's auto parts companies.
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