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What is the effect of an increase in the productivity of capital?
Economic Force
External factors in the economic environment that can affect an organization's ability to operate and compete, such as inflation, unemployment rates, and market demand.
Global Trade
The exchange of capital, goods, and services across international borders or territories, influencing the economy of a global scale.
Staff Authority
A type of authority that allows individuals or departments to advise others within the organization but does not grant them the power to make final decisions.
Staffing Issues
Challenges related to the recruitment, retention, management, and scheduling of employees in an organization.
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