earticle

영어

The rapidly changing business environment causes many problems to be solved. Productivity is one of measures in evaluating organizational performance, especially in manufacturing activities. The purpose of this paper is to measure the value-added productivity between Chinese and Korean Iron & Steel Industries, to identify the characteristics and the relationship among key variables affecting the value-added productivity, and to study the alternative policies of productivity improvement elements which increase productivity effectiveness. As a case study, we focus on Korean POSCO(Pohang Iron&Steel Company Limited), and Chinese Baosteel(Baoshan Iron &Steel CO. LTD) the representative Iron & Steel Industries. Our result reveals higher profitability and labor productivity in Korean POSCO than Chinese Baosteel.