In the 1980s, One of the Things That Productivity Stagnation

question 61

Multiple Choice

In the 1980s, one of the things that productivity stagnation could be traced to, was:

• A) Conservative management.
• B) Competitive management.
• C) Robotics.
• D) None of the above.

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Definitions:

Tangible Costs

Readily identifiable costs that can be measured with some precision.

Intangible Costs

A category of location costs that cannot be easily quantified, such as quality of life and government.

Competitiveness

The ability of a company, sector, or nation to offer products and services that meet the quality standards of the local and global markets at competitive prices.

Corruption

The abuse of entrusted power for private gain, often undermining integrity and fairness in various sectors.