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Technology enhances labor productivity by automating repetitive tasks, allowing workers to focus on more complex and creative responsibilities. Tools such as software applications, Artificial Intelligence, and data analytics streamline workflows and improve efficiency, reducing time spent on manual processes. Additionally, communication technologies facilitate collaboration and information sharing, enabling teams to work more effectively across distances. Overall, the integration of technology leads to faster output and higher quality work.
What else can I help you with?
What is a commonly used measure of productivity?
One commonly used measure of productivity is output per hour worked, also known as labor productivity. It measures the amount of output produced per unit of labor input. This measure helps businesses and economists assess efficiency and overall economic performance.
Can labor productivity decline as total output is rising?
NO. The labor productivity will rise together with total output. Vice versa
How do you increase labor productivity?
You increase labor productivity through allowing incentives as bonus and medical care as well as percentage of the profit.
Why does Division of labor increases productivity?
specialization
What was not included in Adams Smith's theory of wealth accumulation?
When labor tasks become divided, productivity increases.
What is the important of immogration?
For the economy, it was a boost for labor productivity
What are the benefits of a good work measurement system?
It helps to reduce labor costs, increase productivity, and improve supervision, planning, scheduling, performance appraisal, and decision making.
What are the primary determinants of agricultural labor productivity?
The primary determinants of agricultural productivity would be farm size, age, the weather and labor costs. Output is also considered a determinate.
Discuss in details of productivity and labor welfare?
oWhat is the relationship between Marginal Productivity of Labour and Labour welfare
How changes in productivity of labor will effect the ppc?
Changes in labor productivity can significantly impact the production possibilities curve (PPC). If labor productivity increases, the economy can produce more goods and services with the same amount of resources, effectively shifting the PPC outward. Conversely, a decrease in labor productivity would restrict output potential, causing the PPC to contract. These shifts reflect the economy's ability to efficiently utilize its resources and maximize production.
What are the determinants of average labor productivity?
Land natural resources
What has the author W Duane Evans written?
W. Duane Evans has written: 'Mechanization and productivity of labor in the cigar manufacturing industry' -- subject(s): Labor productivity, Cigar industry
