The ability of an organisation to generate a good or a service is measured by its productivity. The total number of finished items can be used as proof by businesses that create things, but it is notoriously difficult to assess the productivity of the service industry.
5 Important Reasons for low productivity in service industries
1. Usually time-consuming (counseling, teaching)
2. typically concentrated on distinctive personal qualities or desires ( investment advice)
3. frequently an intellectual task carried out by experts (medical diagnosis)
4. Frequently challenging to automate and mechanise (a haircut)
5. evaluating quality is frequently challenging (performance of a law firm)
Learn more about the Business productivity with the help of the given link:
brainly.com/question/3208499
#SPJ4
<em>Research can be defined as a systematic and scientific collection, analysis, and interpretation of data</em>. Research can be classified in several different ways based on its purpose, methodology, time frame, and other attributes.
A broad classification divides research into quantitative and qualitative research. Quantitative research is commonly identified by its use of numbers, and it is often concerned with measurements and calculations. On the other hand, qualitative research is more descriptive, and it focuses on the “qualities” of the object of study. <em>If we use this classification, a food diary would contain elements of both categories.</em> There will be quantitative qualities in terms of the number of times William eats or the portion size, while there will be qualitative elements when we need to describe the food that was consumed.
On the other hand, research can also be divided by its nature into analytical and descriptive. Analytical research is when the researcher uses material that already exists to make a critical study of his material. Descriptive research focuses on recording things as they are at present, with no control over other variables. <em>Under this classification, the food diary would be considered an example of descriptive research.</em>
PRO An economy based on the relationship between supply and demand promotes healthy competition. Companies strive to offer better goods or services than other, similar companies. If one company offers more extensive goods and its profit margins increase, then that inspires its competitors to get innovative so that they can retain or gain some of that market. This lively symbiosis is the backbone of free enterprise, and is a huge positive. Consumers gain when companies compete to offer more products or services in varied, often more efficient ways. Consider how the shopping industry drastically changed during the last 10 years with Amazon able to ship products directly to consumers, saving them money and time spent driving to a “big box” store.
CON That potential for profit is as alluring as it is dangerous. In order to maximize the highest profit margin, potential companies often resort to unethical or even illegal behavior. The 2010 Deepwater Horizon oil spill is arguably a symptom of such a mindset, because of rushing, that oil company caused a horrific natural disaster. Such behavior is detrimental to its employees, because a company is not paying attention to, safety protocols, for example. Rushing or not paying attention to safety protocols, can cause lives lost or at least caused sickness and injury. Free enterprise suffers when companies go completely unchecked and foster corrupt competition.
The Constitution gives the House the Sole power to Impeach Presidents.
Hope I helped! :)
