Unlike an Operating Decision,a Strategic Decision Probably Will Not Have

question 5

True/False

Unlike an operating decision,a strategic decision probably will not have a big impact on the long-run profitability of the company.

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Definitions:

Lower Productivity

A decrease in the rate at which goods or services are produced, often indicating inefficiency.

Output Per Worker

A measure of productivity calculated by dividing total output by the number of workers.

Increasing Productivity

A process or strategy aimed at enhancing the efficiency of production, often resulting in higher output with the same or less input.

Human Resource Management Practices

The systematic management of people within an organization, including recruitment, selection, training, development, and compensation.