NOCN
Macroeconomic Factors Affecting Productivity
Macroeconomic factors affecting productivity include economic conditions and external influences that impact organisational performance and growth. Factors such as inflation, interest rates, unemployment, government policies, global trade, technological advancements, and economic stability can influence business operations and workforce efficiency. Understanding these macroeconomic factors helps organisations make informed decisions, manage risks, and develop strategies to maintain productivity and competitiveness in changing economic environments.
Macroeconomic Factors Affecting Productivity course overview
Examines how macroeconomic forces such as inflation, interest rates, exchange rates, government policy, technology and global shocks affect organisational productivity, and how to plan productivity strategy in uncertain economic conditions.
Who is it for?
High school and vocational graduates seeking strategic productivity management skills; a pathway to business degrees.
What will you get?
The ability to read economic conditions and plan productivity strategy around them.
Industry
Business management and organisational productivity
Duration
35 guided learning hours (5 credits)
