Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Higher labor productivity always leads to faster decision-making.
B
Effective decision-making can enhance labor productivity.
C
Labor productivity has no impact on decision-making.
D
Decision-making processes solely depend on external market factors.
Understanding the Answer
Let's break down why this is correct
Answer
Labor productivity refers to how much work or output a company can produce with the resources it has, like workers and tools. When a firm improves its decision-making processes, it can use its resources more efficiently, leading to higher productivity. For example, if a company decides to invest in better training for its employees, those workers may become more skilled and complete tasks faster. This efficient use of time and resources can result in producing more goods or services in the same amount of time. Therefore, better decision-making can directly enhance labor productivity by optimizing how work is done.
Detailed Explanation
When decisions are made well, workers can be more efficient. Other options are incorrect because Some might think that being more productive means decisions are made faster; It's a common belief that productivity and decision-making are separate.
Key Concepts
decision-making processes
Topic
Labor Productivity and Decision-Making
Difficulty
easy level question
Cognitive Level
understand
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