The process of increasing the amount of capital used per worker is called Capital Deepening.
Capital Deepening is a term used in economics to describe a situation in which capital increases per worker, is an increase in capital intensity. It is often measured by the stock of capital per hour of work. In general, the economy will expand, and the producitivity of each worker will increase. However, the intensification of the capital factor will not mean that the economic expansion will continue indefinitely, partly due to diminishing returns. The investment is also required to increase the amount of capital available for each worker in the system and therefore increase the proportion of capital with respect to labor, this promote economic growth , because the increase in productivity requieres the accumulation of all stocks of capital per worker.
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Answer:
synergy
Explanation:
Jack is given a project to handle by his team leader, Darren and he is been asked to report about the progress of the project to Darren on a regular basis.
Jack updates Darren about the progress f the on going project that is assigned to him but Darren later finds that Jack will not be able to complete the project at schedule time. That means Jack working alone on the project will not be able to meet the deadline of the project.
Thus Darren assigns two other member to team up with Jack and work on the same project. This will help in completing the project in time. Thus people of similar knowledge and expertise are team up to complete a given project. These people have the same interest and same zeal to work on the project.
Such a situation is termed as "synergy" in the world of business and organisation. The word synergy means working together with common interest and common values with like minded people and having same talent.
Thus the best answer s synergy. The scenario is an example of synergy.
