Productivity is directly related to competitiveness.

Question

Quizplus · Accepted Answer

Productivity is a key factor in determining the competitiveness of a company or industry. High levels of productivity mean that a company can produce more goods or services in a given amount of time, which can lead to lower costs, increased profits, and a better ability to compete in the market. On the other hand, low productivity can make a company less competitive, resulting in higher costs, lower profits, and difficulty competing with other companies.

Productivity Is Directly Related to Competitiveness