Which of the Following Statements Is True of Productivity

question 54

Multiple Choice

Which of the following statements is true of productivity?

• A) Increased productivity results in smaller market share for the company and lesser profits.
• B) Increased productivity in the United States increases inflation.
• C) Increased productivity allows a company to pay better wages and invest in newer technology.
• D) Increased productivity does not necessarily improve standard of living

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Definitions:

Knowing-Doing Gap

The divergence between what individuals or organizations know they should do and what they actually do.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization, overseeing and directing the work of others.

Job Enrichment

The process of making a job more rewarding, challenging, and interesting by adding more meaningful tasks to enhance employee satisfaction and performance.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.