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Explain the factors necessary to raising productivity.
(Brief answers please)
Explain the factors necessary to raising productivity.
(Brief answers please)
(Brief answers please)
Solution
Many factors which can affect productivity , positively and negatively. Factors necessary to
raising productivity are :
1. increase in capital investments in production ,
2. Increase in capital investments in technology,
3. Capital investment in facilities,
4. Economies of scale,
5. Knowledge and skill resulting from training and experience,
6. Work methods - positive changes in working methods,
7. quality of products- high quality products,
8. Quality of management- cooperative management,
9. Legislative and regulatory environment,
10. Geographical factors also effect productivity,
11. technological changes-innovative methods,
12. Social environment.

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Explain the factors necessary to raising productivity. (Brief a.pdf

  • 1. Explain the factors necessary to raising productivity. (Brief answers please) Explain the factors necessary to raising productivity. (Brief answers please) (Brief answers please) Solution Many factors which can affect productivity , positively and negatively. Factors necessary to raising productivity are : 1. increase in capital investments in production , 2. Increase in capital investments in technology, 3. Capital investment in facilities, 4. Economies of scale, 5. Knowledge and skill resulting from training and experience, 6. Work methods - positive changes in working methods, 7. quality of products- high quality products, 8. Quality of management- cooperative management, 9. Legislative and regulatory environment, 10. Geographical factors also effect productivity, 11. technological changes-innovative methods, 12. Social environment.