The money saved through increased productivity can be allocated to further improve organizational operations.

Question

Quizplus · Accepted Answer

When productivity increases, resources required for a particular task are reduced. This means, the money that could have been spent on these resources can be allocated to other areas of the organization. This allocation can be used for improving other operations, investing in research and development, employee training, and other activities that can further improve the overall performance of the organization. Therefore, the statement is true.

The Money Saved Through Increased Productivity Can Be Allocated to Further