The culprits for service sector productivity

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The culprits for service-sector productivity stagnation are the forces—such as corporate takeovers and unnecessary (80) governmental regulation—that distract managers from the task of making optimal use of available resources. -------------------------------------------------------------------------------- Q33: Which of the following, if true, would most weaken the budget-deficit explanation for the discrepancy mentioned in line 27? 31
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A. Research shows that the federal budget deficit has traditionally caused service companies to invest less money in research and development of new technologies. B. New technologies have been shown to play a significant role in companies that have been able to increase their service productivity. C. In both the service sector and manufacturing, productivity improvements are concentrated in gains in quality. D. The service sector typically requires larger investments in new technology in order to maintain productivity growth than dose manufacturing. E. High interest rates tend to slow the growth of manufacturing productivity as much as they slow the growth of service-sector productivity in the United States. Answer: -------------------------------------------------------------------------------- Q34: The passage states which of the following about the effect of foreign competition on the American manufacturing sector since the 1970’s? A. It has often been exaggerated. B. It has not been a direct cause of job loss. C. It has in large part been responsible for the subsequent slowing of productivity growth. D. It has slowed growth in the demand for manufactured goods in the United States. E. It has been responsible for the majority of American jobs lost in manufacturing. Answer: -------------------------------------------------------------------------------- Q35: It can be inferred from the passage that which of the following was true of the United States manufacturing sector in the years immediately prior to 1980? A. It was performing relatively poorly. B. It was in a position of world prominence. C. It was increasing its productivity at an annual rate of 3 percent. D. It was increasing its productivity at an annual rate of 1 percent. E. Its level of productivity was higher than afterward. Answer: -------------------------------------------------------------------------------- Q36: The author of the passage would be most likely to agree with which of the following statements about productivity improvements in United States service companies? A. Such improvements would be largely attributable to efficiencies resulting from corporate takeovers. B. Such improvements would depend more on wise implementation of technology than on mangers’ choice of skilled workers. C. Such improvements would be more easily accomplished if there were fewer governmental regulations of the service sector. 32
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D. Such improvements would require companies to invest heavily in the development of new technologies. E. Such improvements would be attributable primarily to companies’ facing global
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The culprits for service sector productivity stagnation are...

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