Asked by
Shelby Thomas
on Oct 23, 2024
Verified
Lost productivity is never a drain on organizational competitiveness.
Lost Productivity
The reduction in work output or efficiency, often due to various hindrances or inefficiencies.
Organizational Competitiveness
The ability of an organization to develop and maintain an edge over its competitors through strategies that attract and retain customers, improve quality, and enhance innovation.
- Familiarize yourself with the definition and importance of productivity in the field of operations management.
- Acknowledge the essential role of productivity in gaining a competitive benefit.
Verified Answer
LD
Learning Objectives
- Familiarize yourself with the definition and importance of productivity in the field of operations management.
- Acknowledge the essential role of productivity in gaining a competitive benefit.
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