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Why productivity tends to be lower in the service sector that in the manufacturing sector?
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How can the size of the industrial service sector and the agriculture employment rate indicate the level of industrialization?
The lower the agriculture employment rate the higher the level of industrialization.
How can the size of the industrial services sector and the agriculture employment rate indicate the level of the industrialization?
The lower the agriculture employment rate the higher the level of industrialization.
What are benefit of managerial specialization?
Greater efficiency; increased productivity; lower unit costs
What are the contributions of primary secondary and tertiary sectors to Indian economy?
The present importance of tertiary sector is the highest among all sector and may be understood as follows:India's economic output is represented by the primary sector(agriculture and mining), the secondary sector (manufacturing-organised and unorganised) and the tertiary sector(transportation, construction and other services like construction, retailing, communication, financial services, health care, education and other). The primary sector, secondary sector and tertiary sectors account for 25%, 24% and 51% of the GDP respectively. Unfortunately the common man (because of ignorance), the politicians (because of lack of education and poor quality brains) and the economists (because of ideological blindness) do not understand the importance of the tertiary sector in economic development. As an economy grows prosperous, its people do not require more and more of agricultureal crops and manufactured output. The higher the productivity in primary and secondary sector and lower the employment in these sectors, the better it is. Because people need more of services rather than physical goods for better quality life. They need more of tarnsport (riad, air,sea, water, rail), more of communication ( mobiles, internet, ), more of education, more of training, more of healthcare, doctors, nurses, hospitals, diagnostic centres, more of entertainment (TV shos, movies, ) more technicians and artisans for repair and maintance of buildings, houses, household equipments, plumbers, electicians, swerage systems, more courier services, more banks, ATMs, more organised shopping malls, car parkings, and so on. Income and employment growth f lies in the tertiary sector. Tertiary sector includes scientific reseach and innovations that increases productivity and provide engineering and construction consultancy support services for all projects in all sectors. It is foolish to think the economies will continuously grow wioth primary and secondary sectors retaining the same importance or weight in the economy. Most advanced and rich copuntries have more than 80% of emplyment and income in the services sector. In the US, agriculture is less than 1%. This is no natural and can be understood by even children if they think logically that Indians still have doubts in their mind. Just imagine you do not need vety large increase in food, clothes, shelter and machines as you grow rich: you consume more of services, education, newspaper, entertainment, medical services, travel and tourism, hotels and restaurants, high technolgy. So, that is where the growth lies. Indians
What are the differences between modern manufacturing and traditional manufacturing system?
Traditional manufacturing basically does not consider quality issue prevention and manufacturing wastage. Modern manufacturing techniques involve implementing schemes such as Kiasen and Lean Six Sigma to control the quality and lower costs.
Why do you suppose service jobs have lower productivity than manufacturing jobs?
P. 60 of the text Operations Management by William J. Stevenson states "...because it involves intellectual activities and a high degree of variability." It seems that in services we need to investigate what the problem is and formulate the solution. There can be variability in the problem and in the solution. This consulting or investigating doesn't occur in manufacturing. In manufacturing a company knows what its product is and it simply creates it with little to no variability.
What are the major factors affecting the pricing strategy of firms?
Product pricing may depend heavily on the productivity of a manufacturing facility (e.g., how much can be produced within a certain period of time). The marketer knows that increasing productivity can reduce the cost of producing each product and thus allow the marketer to potentially lower the product's price. However, increasing productivity might require large changes at the manufacturing facility that will take time and money and will not translate into lower price products for a considerable period of time.
To cut costs and increase output a new process was established. What was this process in manufacturing called?
To cut costs and increase output a new manufacturing process called automation was created. With automation came lower labor cost, increased productivity, and improved quality.
How can the size of the industrial service sector and the agriculture employment rate indicate the level of industrialization?
The lower the agriculture employment rate the higher the level of industrialization.
How can the size of the industrial services sector and the agriculture employment rate indicate the level of the industrialization?
The lower the agriculture employment rate the higher the level of industrialization.
Do cigarettes cause lower sperm productivity?
Yes, alcohol also does.
What is Inequity in the workplace is likely to result in?
lower productivity and reduced quality.
What does continuous overtime often results in?
higher labor costs and lower productivity
What are benefit of managerial specialization?
Greater efficiency; increased productivity; lower unit costs
Can you use manufacturing a sentence?
We used to have jobs in manufacturing here, but most of the industry has moved to regions that have lower wages for workers.
What was colonial manufacturing?
Colonial manufacturing refers to goods produced in colonies. Many European colonies in the East were used as sites of manufacturing because the labor costs were lower in these countries.
Max wants to upgrade his company's existing email software. Why does he need to consider how the upgrade will affect productivity?
if the upgrade will increase productivity, it could ultimately lower costs for the company
