how does productivity contribute towards business growth
Dear student,
Every business organisation should aim at greater productivity. This can be done through effective utilisation of available resources. This efficient utilisation of resources promotes further growth and development.
As increase in productivity provides with economies of scale, as a result low costs and higher profits..
Regards
Every business organisation should aim at greater productivity. This can be done through effective utilisation of available resources. This efficient utilisation of resources promotes further growth and development.
As increase in productivity provides with economies of scale, as a result low costs and higher profits..
Regards