Labor Productivity Depends On

question 108

Multiple Choice

Labor productivity depends on:

• A)the effectiveness of government.
• B)the size of the economy.
• C)the proportion of the labor force that is unionized.
• D)the amount of natural resources.
• E)the risks taken by an entrepreneur.

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Definitions:

Formal Group

A group formed by an organization with structured and defined roles for the purpose of achieving specific goals or tasks.

Cohesive Group

A group in which members exhibit a strong sense of belonging and a high level of motivation to stay part of the group, often resulting in more effective teamwork.

Developmental

Pertains to the process of growth or advancement through progressive stages.

Synergy

The enhanced effect achieved when multiple elements, organizations, or individuals work together, producing a result greater than the sum of their separate effects.