The Owner of a Firm Wants Some Advice on How

question 99

Essay

The owner of a firm wants some advice on how to increase productivity. Suggest three ways the entrepreneur could increase labour productivity through improving technology.
_____________________________________________________________________________________________
_____________________________________________________________________________________________

---

Definitions:

Reinforcement

In behavioral psychology, a process in which a behavior is strengthened by the outcome that follows, whether it's positive (reward) or negative (removal of an undesirable stimulus).

Punishment

A consequence that decreases the likelihood of a behavior being repeated.

Increase

A rise or growth in quantity, size, strength, or another measurable factor.

Physical Discipline

refers to the use of physical force with the intention of correcting or controlling a person's behavior, often debated for its effects on long-term psychological well-being.