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What are benefit of managerial specialization?
Greater efficiency; increased productivity; lower unit costs
What is the meaning of incentive?
something that incites or tends to incite to action or greater effort, as a reward offered for increased productivity. or a reason to do somthing
What are conditions needed for economic growth?
By the Harrod-Domar model, net investment should be greater than depreciation rate or there should be an increase in the productivity of the factors of production.
What can reduce productivity?
Indiscipline reduces productivity.
How does specialisation address the issue of scarcity?
Since the days of Adam Smith it is a widely held economic tenet that specialisation leads to greater productivity. This productivity increase allows firms (or for that matter countries) to benefit from static efficiency i.e. greater output from a given set of inputs If countries can make more from their given set of resources, the problem of scarcity (i.e. the economic problem) must be improved or solved to some degree.
What is the benefit of greater organization?
Increase in productivity
How can questioning techniques and nonverbal feedback improve the interactive listening process for greater productivity?
"How can questioning techniques and nonverbal feedback improve the interactive listening process for greater productivity?"
What are benefit of managerial specialization?
Greater efficiency; increased productivity; lower unit costs
What are some of the driving factors that contribute to the growth of productivity?
Increased productivity results in a higher standard of living as goods and services are produced in greater quantity at the same or lower level of input. The production of goods and services relies upon the use of labor and capital. Increased capital investments for new and more efficient production equipment can increase productivity by requiring a lower level of labor input to produce the same or greater level of goods. Investments in human capital such as education and training can also result in greater productivity as employees become more efficient at their jobs.
What was a result of the industrialization in the 1800s?
People worked in unsafe conditions APEX
What are the benefits of telecommuting?
greater productivity, improved information turnaround, better communication, reduced office space requirements, greater staffing flexibility, lower employee turnover, and an expanded employee market.
What is the meaning of incentive?
something that incites or tends to incite to action or greater effort, as a reward offered for increased productivity. or a reason to do somthing
What does WorkSmart specialize in?
WorkSmart is a company that specializes in IT services. With their help you will be able to have greater productivity, invest wisely, protect your business, and focus on your businesses goals.
What are conditions needed for economic growth?
By the Harrod-Domar model, net investment should be greater than depreciation rate or there should be an increase in the productivity of the factors of production.
What can reduce productivity?
Indiscipline reduces productivity.
What do you mean when you say productivity is a relative measure?
single factor productivity and total factor productivity
How does Rich Internet Applications help increase internet user productivity?
Rich Internet Applications have made websites much more interactive. They provide an even greater user experience with better audio and video features. This in turn keeps the user more attentive to what they are doing and increases productivity.
