E.27:Increasing Productivity

What plays a crucial role in increasing productivity by fostering innovation?

• Marketing strategies

• Financial investment

• Research and development (R&D)

• Customer service improvement

How do companies benefit from investing in R&D?

• By limiting their product range

• By reducing employee benefits

• By increasing product prices

• By staying competitive and adapting to market demands

What contributes significantly to productivity improvement alongside R&D?

• Decreasing operational costs

• Expanding office spaces

• Equipment and technology

• Traditional manual processes

Why is the training of workers essential for productivity enhancement?

• It allows for longer working hours

• It enhances their understanding of processes and technology

• It increases the number of breaks employees can take

• It reduces the need for supervision

What is a direct benefit of integrating cutting-edge equipment and technology in businesses?

• It reduces employee satisfaction

• It leads to more workplace conflicts

• It optimizes production processes

• It increases the need for manual labor