ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are three ways businesses can improve productivity?
A
new workers, technology, money
B
trained workers, technology, money
C
trained and educated workers, equipment, technology
D
None of the above
Explanation: 

Detailed explanation-1: -What are three ways to increase productivity? Three ways to increase productivity are technology, division of labor, and motivating employees.

Detailed explanation-2: -Turning over recurring and monotonous tasks to powerful computers increases productivity. It also reduces the chance of human error. What’s more, letting technology do the heavy lifting allows you and your employees to focus on core business tasks and revenue-generating activities.

Detailed explanation-3: -Keep things simple. Set reminders. Review goals daily (or at least regularly) Minimize time-wasting activities. Use productivity apps. Motivate your team. Avoid multitasking. Offer a wellness program. More items

Detailed explanation-4: -Improve Employee Onboarding. Stop Micromanaging. Encourage Time Off and Agile Working. Hire People, Not CV’s. Encourage Team Collaboration. Champion Team Communication. Focus on Employee Training. Ask for Feedback. More items •13-Sept-2022

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