Natural Resources - Factors Affecting Productivity Improvement

Natural resources

The manner in which countries use the resources at their disposal is of major importance, although an absence or lack of a specific resource may be overcome through ingenuity. By using the human resources at its disposal, countries lacking in such vital resources as coal and steel have become immensely powerful in other areas, ie the Swiss banking and Japanese Consumer Electronics Industries. Other such resources which require proper management include land, energy and raw materials. 

Government and infrastructure 

Many of the ways in which government policy affects the organisation have already been discussed, and as stated, to ensure productivity growth on a national basis requires the government to be aware of possible policy methods which will help industry.