Which of the Following Is an Advantage to a Firm

question 203

Short Answer

Which of the following is an advantage to a firm with increasing productivity?
Machine breakdowns will be less likely
Raw materials will decline in price
The firm can afford to pay workers higher wages without raising prices
Workers will not want to unionize
The standard of living of its employees will fall

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Definitions:

Strategic Relationships

Collaborations formed between organizations with the aim to reach mutual goals and leverage each other's strengths.

Community Relations

The practice of managing and improving the relationship and interaction between an organization and the communities within which it operates.

Genuine Voice

Authentic and honest expression or communication style that reflects true intentions and personality, often emphasized in branding and public relations.

Corporate Social Responsibility Messages

are communications from a company about its efforts and initiatives to behave ethically and contribute to economic development, the environment, and quality of life of its stakeholders.