Productivity in the service sector is difficult to measure because new technology adds to quality of services provided.
<h3>What is productivity?</h3>
Productivity is defined as the efficient way of producing goods and services. Productivity occurs when the input to a system matches the output.
When technology is added to productivity, the service sector finds it difficult to measure due to the quality of the services provided
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Answer:
Option (b) is correct.
Explanation:
(a) If a producer uses the almost same quantities of all the factors of production and if marginal output remains the same then this will lead to no gains.
(b) This is done by purchasing the combination of inputs which are yielding higher marginal outputs.
(c) This would result in a loss because all the resources are not utilized properly or we can say that resources are not used at their potential.
(d) For achieving the level of profits, labor should be devoted to the work for maintaining the higher level of growth in production.
Answer:
Following are the four ways for improving the productivity of the labour is given below
Explanation:
- If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
- Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .
- If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
- Giving the incentive to labor at the particular interval of time we will increase the productivity.
A long-term competitive advantage that is not easily to duplicate or surpassable by the competitors.
it allows the firm to earn excess returns for its shareholders.
Answer:
The correct answer is Known vulnerabilities.
Explanation:
An intrusion prevention system (or by its acronym in English IPS) is a software that exercises access control in a computer network to protect computer systems from attacks and abuses. Intrusion prevention technology is considered by some to be an extension of intrusion detection systems (IDS), but in reality it is another type of access control, closer to firewall technologies.