Monday, June 7, 2010

Benefits of Increase in Productiviy

If we are able to increase Productivity in our place of work, that will bring following benefits;
1) a higher standard of living
2) larger supplies of consumer goods and capital goods at lower costs and lower prices
3) higher earning
4) improvements in working and living condition
5) strengthening of the economic foundations on which the well-being of individuals is based.

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