Which of the Following Increases Labor Productivity

question 21

Multiple Choice

Which of the following increases labor productivity?

• A)an increase in the aggregate hours of work
• B)decreases in the availability of computers and factory buildings
• C)inventions of new machinery,equipment,or software
• D)a decline in the health of the population

Recognize the advantages and disadvantages of skill-based and gain-sharing compensation plans.

Distinguish between intrinsic and extrinsic rewards and their impact on employee motivation.

Understand the role of profit-sharing in linking pay with organizational performance.

Grasp the significance of content theories in guiding organizational motivation strategies.

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Definitions:

Nuts

Edible seeds enclosed in a hard shell, often characterized by their high fat and protein content.

Berries

Small, pulpy, and often edible fruits, typically juicy, rounded, brightly colored, and seed-containing.

Utility Function

A formula or mapping that indicates the level of happiness or preference an individual assigns to various bundles of goods or services, used in decision-making analysis.

Cocoa

A powder made from roasted and ground cacao seeds, used in the making of chocolate, as well as in baking and cooking.