Business

    Cards (6)

    • Long-term future
      • Expensive
      • Risky
    • Increase
      Promotion (maximise sales)
    • Promotion
      • Costly
      • Uncertain results
    • To solve capacity shortages
      1. Overtime
      2. Extra shifts (quick)
      3. Increase capacity (+EOS/-expensive, fixed)
    • Labour productivity
      Higher productivity means a business produces more output for each worker it employs
    • Productivity is important because it is a key determinant of living standards in the long term
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