Main Idea Concept

However, there are also some drawbacks associated with raising taxes. Tax is a form of leakage from the circular flow of income leading to negative multiplier effect. If the government increases income tax rates, it might create disincentives to work. It is because when income tax increases, the opportunity cost for leisure time decreases; and people will have to work longer

The government relies on collecting taxes in order to create revenue and function successfully. A decrease in taxes affects business and the government differently. A decrease in taxes is good for business and bad for the government. Many entitites rely on government funds in order to operate and function

With the focus on efficiency and work, productivity may only be beneficial to the bottom line of the budget. According to Gustafson (2000) stated:

Through that conversation, Alex realized that “productivity is the act of bringing a company closer to its goal” ( 1992). Alex thought the company’s goal is to increase efficiencies but he later realized that every company’s goal, including his plant, is to make money or to be profitable and anything that comes closer to the goal is considered as productive.

If there is a downturn in the economy there will automatically be a fall in taxation and higher government spending on

Workplace productivity is essential to the employees, employers, organisation and economy. By maximising and improving a workplaces productivity the company will not only will have a higher chance of success, but the employees will know their task and complete it well. Some ways to increase the

Money that goes to the government is money that cannot be used otherwise by individuals and businesses. Decreasing taxes would increase the ability of the nations citizens' and businesses to save for the future, invest

Throughout the spring semester of Biogeography and Macro-ecology the class has discussed as well as learned multiple foundation concepts that have provided us with a concrete understanding of several fundamental concepts of biogeography and macro-ecology. Through the reading of the Song of the Dodo, the biogeographical terms were represented and reinforced in various real life situations, which made them easier to remember. Although we did not spend a significant amount of time on macro-ecology with the readings of articles I definitely feel like I have a broad understanding of its concepts as well.

goods because of the high exchange rate. Overall, cutting taxes will not be beneficial to the U.S. economy as a whole. Consumers will be able to spend more, but industries will suffer as the budget balance continues to grow as a deficit.

How Culture Affects Productivity Organizational culture and productivity are closely related. Simply stated, productivity is the art of getting the company ' 's products and/or services to the customer at the lowest possible cost. But it is more than that - it is related to quality, to customer needs and to labour relations. In other words, productivity and good management are inseparable. Productivity is a result of motivation, and motivation thrives in a good climate. If management is to transform this fragile good climate into a long-lasting culture for success, it will have to focus on the following seven areas of improvement: 1. Organizational Clarity The degree to which the goals and plans of the organization are clearly perceived by

How productive workers are in a company has a direct effect in how profitable a company can be. In most situations when workers get the work done fast without sacrificing quality the labor cost tends to be low which results in a higher profit margin. Based on this many companies have found ways to measure performance in order to ensure that productivity never falls below the desired level. In order to measure performance companies keep logs in which productivity is reflected in a clear and precise way.

When reading the book The Goal written by Eliyahu Goldratt, there were many lessons that I learned in order to have a clear and concise understanding of a positive level of productivity in a company. To have a positive level of productivity there are may components that are taken into consideration. Understanding what it actually means to be productive and how to increase the level of productivity by knowing the actual goal of the company that is trying to be reached and the components that go into the process of being productive. There are many factors that contribute to the level of productivity and being able to identify these factors is the key ingredient to having a successful level of productivity.

In work terms, productivity means being able to focus on your assigned (or assumed) tasks, and to accomplish what you set out to do… whether as part of your job,

Productivity is the grouping of smart preparation and dedicated hard work. Continuing productive to your work is really hard. Every time end of the working day, chances are that you are not fulfilled with what you have gifted. Productivity could be constantly value-added, but here are 8 pointers that have truly worked for you. Fortunately, a computer, smartphone and a little know how all you need are.

Productivity is defined as a way to use the resources effectively, usually expressed as the ratio of output to input? It is useful for tracking an operating unit performance overtime and judging the performance of an entire industry. There are different types of productivity measures which can be determined as follows in figure 1and figure 2 (Stevenson, W. 2012)