answersLogoWhite

0

1. Drives people to work harder and faster

2. Pushes people to improve their skills and knowledge

3. Encourages finding new and better ways of doing things

4. Eliminates unproductive or inefficient competitors

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

List four ways that competition increases productivity?

1. Drives people to work harder and faster 2. Pushes people to improve their skills and knowledge 3. Encourages finding new and better ways of doing things 4. Eliminates unproductive or inefficient competitors


What are ways that competition increases productivity?

1. Drives people to work harder and faster 2. Pushes people to improve their skills and knowledge 3. Encourages finding new and better ways of doing things 4. Eliminates unproductive or inefficient competitors


How did global competition affect the conveying equipment industry?

Global competition has forced business owners to look for ways to cut costs and improve productivity. In industrial firms, again, automating production processes are a way to help reach their goal.


What are four main ways that species and individuals affect each other?

Competition, Predator and Prey, symbiosis, and coevolution


Is it true that one of the four conditions for perfect competition is identical products also called commodities?

There are a lot more than four conditions, but "homogeneous" products (there's no such thing as identical products) are one of the ways you tell if a market is operating under perfect competition.


How has the internet change the management process?

The internet has change the management process in so many ways and has made it better to a large extent. Through the internet, virtual management has become possible which increases productivity.


What are two ways to increase productivity?

Productivity goes up whenever more can be produced with the same amount of resources.


List some factors that can affect productivity and some ways that productivity can be improved?

productivity is provide a measure to effective and efficient use resources


Describe five ways in which resource planning is usefull to an Information Technology student?

it is usefull to an IT student due to the following reasons:- 1. It increases on productivity 2. It improves on quality 3. It is inovating 4. It improves on customer service


In what ways does imperfect competition differ from perfect competition?

Imperfect competition differs from perfect competition in several ways. In imperfect competition, there are fewer sellers, products may be differentiated, and firms have some control over prices. In contrast, perfect competition has many sellers offering identical products, with no control over prices.


Ways to improve productivity?

Some ways to improve productivity are to curb distractions, and to break big goals into smaller, more manageable goals. You may also take adequate breaks and make lists of what needs to be accomplished.


How can manager use communication to increase workers morale and productivity?

A manager can use communication to increase workers morale and productivity in various ways. Communicating openly with workers and sharing incentives is one of the ways a manager can use.