The High Productivity of the U

question 26

True/False

The high productivity of the U.S.economy results from using highly educated workers in a capital-intensive production process.
Greater use of physical capital leads to higher productivity of workers.

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Definitions:

Product Departmentation

The organizational practice of structuring teams or departments based on different products or product lines within a company.

Customer Departmentation

Relatively self-contained units deliver an organization’s products or services to specific customer groups.

Departmentation

involves the division of an organization into separate departments or units, each managing specific functions or tasks.

Communication

is the process of exchanging information, ideas, thoughts, and feelings through verbal or nonverbal means between individuals or groups.