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katovenus [111]
2 years ago
7

Public expenditure on the manufacturing sector will boost economic growth in the industrial revolution 4.0 eras. Justify your an

swer in TWO (2) points.​
Business
1 answer:
Ostrovityanka [42]2 years ago
8 0

Answer:

  • Industry 4.0 is used interchangeably with the fourth industrial revolution and represents a new stage in the organization and control of the industrial value chain.

  • Industry 4.0 has been defined as “a name for the current trend of automation and data exchange in manufacturing technologies, including cyber-physical systems, the Internet of things, cloud computing and cognitive computing and creating the smart factory”.
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Positive contributions can labor unions make to organizations pursuing the loyal soldier hr strategy is that the benefits of a stable workforce help maintain high quality.

It helps in the cost reduction by the stable labor force.

It also helps in making the low cost product at a very good quality.

Organisations which are pursuing loyal soldier HR strategy always  try to retain employees by providing them with a sense and feel of security which  persuades them to work for some lower wages than they could be able to earn in competing firms.

Such organizations try to reduce cost by offering job security in place of high wages.

To know more about the loyal soldier hr strategy here:

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Select the instances in which you should include a comma
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