Which of the following is not among the chief reasons organizations fail? Multiple Choice overemphasis on short-term financial performance emphasizing labor productivity in labor-intensive environments poor internal communications not investing in capital and human resources overemphasis on product (or service) design

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Business

Jess

21 September, 09:53

Which of the following is not among the chief reasons organizations fail? Multiple Choice overemphasis on short-term financial performance emphasizing labor productivity in labor-intensive environments poor internal communications not investing in capital and human resources overemphasis on product (or service) design

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Camryn Mcknight · Answer 1

Emphasizing labor productivity in labor-intensive environments is not among the chief reasons organizations fail.

Explanation:

Labor intensive production technique involves the usage of higher amount of labor for the production of goods and services. Here the other factors of production such as capital is used less compared to labor. When we are in a need of producing goods or services only at a small scale then we can opt for the Labor-intensive means of production.

For those organisation that has an environment to be of labor intensive then the process of using labor productivity will be appreciated for the success of the organisation. Focusing on the financial performance in short-term basis, over emphasis on the design of the product, poor communication in the internal organisation, not investing in capital and human resources are the reasons for the failure of many organisation.