Question

Between 1200 to 1500 words, discuss the factors that affect productivity in a selected sector.

Answer 1

The essay shall be structured in the following manner.

Sector-Textile Sector

Introduction

Productivity means the ability of a firm in producing products without compromising quality. Input and output are the two important determinants of productivity. If a firm is able to produce maximum output by using minimum input within a minimum time can be called a productive firm. The textile industry is a broad industry that is engaged in the designing, manufacturing, and distribution of clothing-related products. This sector is one of the largest employers in the world. Productivity is a crucial element as far as the textile sector is concerned. Many different factors are there which influences the textile industry across the globe.

Factors affecting the productivity of the textile sector

The factors that affect the textile industry can be called as controllable and uncontrollable factors. The following are the important factors that affect the textile industry.

1.Controllable Factors

Controllable factors affecting the textile industry shall also be called the internal factors that include the following.

Quality

The quality and usefulness of textile products can be important factors that affect the textile sector. Quality is the major element that determines the satisfaction of the end customers of the industry.

Plant and equipment

Plant and equipment have got the capability to enhance the productivity of the textile sector. Reduction in the idle time of plat and equipment will definitely result in increased productivity. So companies in the textile sector need to pay attention to the modernization and maintenance of plant and equipment.

Technology

The companies in the textile sector that used modern technology will have better productivity. Adoption of modern technologies including automation, robotics, artificial, intelligence, information technology, etc would have a positive impact on the sector. It can also be used as a tool to reduce the problem of wastage in the textile sector.

Material Management

Development of sources of material supply, ensuring an optimum stock level, ensuring the quality of the material, etc. are the important concepts connected with material management which will have a high impact on the productivity of the textile sector.

Energy Utilization

Saving of energy and the optimization of energy utilization etc. will also result in increased productivity.

Human factors

Knowledge, skills, ability, attitude, behavior, etc. of the employees working in the textile sector is also a prominent factor influences productivity. Employees are one of the sensitive elements in an organization whose productivity can be improved through training, motivation, remuneration, etc.

Method of Work

The way in which a firm does its functions is also a prominent factor that influences productivity.

Management style

The style of management is influencing productivity in a great manner. Flexible and dynamic management will positively impact on the productivity of the textile companies.

2.Uncontrollable Factors

Social Changes

Social changes including the change in the clothing habits of people may affect productivity both positively and negatively.

Economic Changes

Changes in the economic scenario including the export-import policy of the governments may influence the productivity of the textile sector.

Natural resources

Most of the inputs in the textile sector come from nature including cotton, jute, linen, etc. Its availability and other factors in the sector may have an influence on the textile sector.

Government Policies

Government Policies are influencing the productivity of the textile sector both positively and negatively. It includes the policies connected with the interest rate, taxation, etc.

Conclusion

Productivity is an important matter as far as industries are concerned and it is very much for the textile sector also. The factors affecting the textile sector shall be classified into two categories such as controllable factors and uncontrollable factors. Controllable factors are those factors that shall be controlled by the firms in the sector, these factors are internal to the textile sector. Uncontrollable factors are those factors that are external to the industry where it is difficult for the industry to exercise control over it.

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