Which of the Following May Increase Labor Productivity for a Firm

question 26

Multiple Choice

Which of the following may increase labor productivity for a firm?

• A) increasing capital per worker
• B) improving technology
• C) increasing its technical efficiency
• D) all of the above

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Definitions:

Shared Value

A concept that businesses can generate economic value in a way that also produces value for society by addressing its challenges.

Economic Value

The measurement of the benefit provided by a good or service to an economic agent.

Society

A community of people living together in a more or less ordered community, sharing common traditions, institutions, and values.

Participative Leadership

A leadership style where decision-making is shared among group members, fostering engagement and collaboration.