Final answer:
E. all of the choices
Through gains in productivity, managers can reduce costs, enhance profits, save resources, and provide better compensation to employees, which positively affects the entire economy.
Step-by-step explanation:
Through gains in productivity, managers can achieve multiple beneficial outcomes for the organization, such as reducing costs, saving scarce resources, enhancing profits, and helping the organization to provide better pay and benefits. These outcomes not only benefit the business itself, but also extend advantages to consumers who might enjoy better or less expensive products, and employees who may earn more income as a result. An increase in productivity can stem from efficient use of resources and skillful application of the factors of production, which involves the division of labor, specialization, and investment in human capital. The overall economic impact of productivity gains is significant, often resulting in broad enhancements to national economic well-being.