Why is it important for an organization to raise its output per worker over the long term? What happens if it cannot keep pace with the productivity growth of other organizations within the same industry? Identify several reasons why various companies within the same industry are likely to have significant differences in productivity growth.
When the organisations invest in the human capital as it increases the work productivity and also the economic growth. The increased productivity of workers and also the human capital are critical as they are much different from the monetary capital which is tangible and also the revenue. The growth and productivity of labour depends on the investments and savings which are ... See the full answer