COMM 190 Chapter Notes - Chapter 3: Bargaining Power, Bell Canada
27 Sep 2013
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Document Summary
Productivity is the ratio of can gdp over the total paid hours worked by canadians: measures the value that canadian workers produce per hour, may be the primary indicator of per capita income. Increasing productivity is about working smarter not harder: predicted by the country"s ability to innovate. First through productivity create more/better outputs with the same inputs & faster. Second through the structure of competition when 1 firm invests, competitors follow. Through benefits to the consumer cost reduction passed to consumer: cheaper & better. The canadian ict industry is canada"s primary driver of innovation this program is meant to give individuals the knowledge in increase productivity through innovation. Universities across the country are also creating btm programs. Business processes are an important consideration in productivity: productivity can through efficiency or more effective business processes. Increasing efficiency means that business processes can be accomplished either more quickly or with fewer resources and facilities (or both) doing things right.
