What effects does productivity have on various business sectors?

Shavkat

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• Sep 22, 2022

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Our level of life, global competitiveness, inflation rate, employment, and a host of other variables are all impacted by productivity.

 

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Stardom22

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• Sep 23, 2022

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I think production effects business widely. The higher the production for instance the Higher the supply hence the lower the price.

 

Shavkat

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Stardom22 said:

I think production effects business widely. The higher the production for instance the Higher the supply hence the lower the price.

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You are right. Demand and supply work together in terms of productivity concern.

 

cherry123

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productivity will come from consistency from the workers. Employers need to give the workers all needed support too.

 

Shavkat

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cherry123 said:

productivity will come from consistency from the workers. Employers need to give the workers all needed support too.

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Do you think giving incentives will fuel them to work consistently?

 

Carson20t

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Productivity is very essential,without production then we do not have an expectected return of investment or growth.This applies for the globe,continent ,country ,small community and individual level by and large.

 

flower

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Productivity is highly responsible for the growth of a business that is why productivity is one of the most important thing to take into account.

 

uptrendfinancialsignal

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• Feb 24, 2023

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Productivity will bring about the development of business very quickly.

 

cherry123

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• Feb 24, 2023

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Productivity rub off on all areas of other sectors because this is what productivity does it helps to improve the other ideas that are yet to work. productivity works for other sectors too.