Business, 26.07.2019 04:10 Vlop2780

Which of the following is likely to improve a person's income? a. increased productivity b. investing in human capital c. being born into a wealthy family d. being highly motivated to succeede. all of the above

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Answer from: oliviaberta91

The correct option is e. all of the above.

Explanation:

Everyone wants to earn more and more. Many options are available. Like - doing side business in terms of renting a property, commission income. etc. Following are the reasons through which a person can improve his income.

A. Increased productivity : As by business point of view, or by working as a employee in any company, the productivity is matters. Almost every organization provides many incentive schemes, so that the employees or workers get motivated and do their best.

As more and more productivity increase, your earning capacity is also increase.

Thus, it shows a direct relationship

B. Investing in human capital : Here human capital means providing services in terms of education types, recruitment and selection, etc.

Through appointing the right candidate for right position helps the company to increase their productivity which ultimately helps the person to increase his income.

The better you perform, the better you can earn .

Thus, it shows a positive relationship.

C. Being born into a wealthy family : By which class the person belongs plays a vital role in improving his income. Here class means - Poor class, Middle class and rich class.

In the given case, the person born in wealthy family, so automatically the chances of increase his income is 100%.

Thus, it shows a direct relationship.

D. Being highly motivated to succeed : In this case, motivation plays a vital role to get succeed. Without motivation, no one can succeed.

Through encouraging peoples who are working in an organization, the chances of productivity is increase which helps the person to earn more and helps the company to achieve its goals and objectives in efficiently and effective manner.

Thus, it shows a positive relationship.

Hence, by giving above explanations, the correct option is e. all of the above.

Answer from: Quest

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Answer from: Quest

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