3.3 Productivity and the changing workplace 

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Business

12th

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15 Terms

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Canada
________ imports natural rubber because petroleum is a non- renewable resource and its extraction is damaging to the environment.
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Rubber
________ is made from tree bark.
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Productivity
________: The amount of output with respect to the amount of input.
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Canadas productivity
________ is lowered than the united states because American businesses constantly invest more money in machinery, equipment, communication, and information technology than Canadians do.
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Canadians
________ can improve productivity by: Increasing investment in machinery and equipment, Attracting more foreign investment, Expanding Canadian investment in foreign countries, Rationalization (Reorganization, downsizing, moving to a lower cost country) and Increasing spending on science and technology.
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Tires
________ are the most important; Majority of Canadians drive so its necessary to have ________ ready for the winter and for everyday use.
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Availability of potential employees
________: Using telecommuting employees can use computers and other technology to work from almost anywhere in the world.
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Rubber
________ comes from a tropical tree called ________ tree and its found in either South America or Southeast Asia.
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productivity
The amount of output with respect to the amount of input
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How is it measured
Its measured by GDP per capita
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Canadians can improve productivity by
Increasing investment in machinery and equipment, Attracting more foreign investment, Expanding Canadian investment in foreign countries, Rationalization (Reorganization, downsizing, moving to a lower cost country) and Increasing spending on science and technology
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Canada Exports
Rubber
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How is rubber important to Canadas economy
Rubber is very important to the Canadian economy because its used for tires, boots and elastic bands
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Availability of potential employees
Using telecommuting employees can use computers and other technology to work from almost anywhere in the world
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Telecommuting
The use of computers and other technology to work from ones home for a company located almost anywhere in the world