Question: Productivity variables are important for determining competitiveness for organizations. Productivity variables include labor, capital, and management and these factors will affect the performance for a

Productivity variables are important for determining competitiveness for organizations. Productivity variables include labor, capital, and management and these factors will affect the performance for a company. Managing the capital of a product will help to reduce labor costs and improve output. Skilled laborers with experience will be able to have a higher output. Improving the quality of labor helps to control a productivity variable and directly affects the organization and it's performance. Reducing the input factors for a product helps to gain competitiveness. Operations managers can help to keep their organization competitive by creating higher outputs, reducing inputs such as labor, and improving product.
There are other ways that productivity variables can impact the competitiveness of a company. The price and quality of the product will impact how well the product performs on the market. Keeping input costs low helps to stay competitive against companies creating the same product. It is also important to identify consumer wants and needs to determine what the final product should look like. Marketing the product is also important and thought should be put into advertising and promotions.

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