BUS 237 Chapter Notes - Chapter 3: Gross Domestic Product, Workforce Productivity, Capital Intensity

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 237
• Professor: All

Document Summary

It allowed a company to create more and/or better output from the same inputs and create them faster than before the technology was placed: through the structure of competition. It can alter the way corporations compete: through benefits to the end customer. It helps make process more efficient and changes the nature of competition: with increased competition, the reduction of costs associated with new processes is often passed on to the final consumer. Ict industry considered an important industry for productivity and innovation because it includes technologies that con enhance individual and organizational productivity across many industries. Indirectly supports activities in other industries with tools that make these other industries more productive: ca(cid:374)adia(cid:374) coalitio(cid:374) for to(cid:373)orrow"s ict skills (cid:894)ccict(cid:895) created an industry-led group of. Canadian employers, educational institutions, and industries that could ensure the ability of. Canadian organizations to hire ict professionals for the 21st century workforce: designed a set of learning outcomes for a new program named business technology.