Question: Why is high productivity important for a nation? A . Lower productivity provides the basis for a sustainable long - term growth in the economy.

Why is high productivity important for a nation?
A. Lower productivity provides the basis for a sustainable long-term growth in the economy.
B. It provides the nation with a competitive advantage in the marketplace. Productivity increases add value to the economy while controlling inflation.
C. Service jobs have higher productivity than their manufacturing counterparts do because service productivity is very difficult to measure and, consequently, difficult to improve.
D. Relative higher productivity also makes it easier for foreign companies to compete.
 Why is high productivity important for a nation? A. Lower productivity

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!