Question: Critical Thinking Exercise: Productivity Growth Why is it important for an organization to raise its output per worker over the long term? What happens if

Critical Thinking Exercise: Productivity Growth

Why is it important for an organization to raise its output per worker over the long term? What happens if it cannot keep pace with the productivity growth of other organizations within the same industry? Identify several reasons why various companies within the same industry are likely to have significant differences in productivity growth.

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