Which productivity variable has the greatest potential to increase productivity?
A) labor
B) globalization
C) management
D) capital
E) none of the above

Question

Quizplus · Accepted Answer

While all variables are important for productivity, management has the greatest potential to increase productivity. Effective management can improve efficiency and streamline processes, leading to higher output with the same resources. Good management can also motivate employees and encourage innovation, leading to long-term productivity gains. Labor, globalization, and capital can also contribute to productivity, but without effective management, their potential impact may be limited.

Which Productivity Variable Has the Greatest Potential to Increase Productivity