Managerial Economics & Business Strategy 8th Edition by Michael Baye,Jeff Prince

Exercise 25

An office manager is concerned with declining productivity. Despite the fact that she regularly monitors her clerical staff four times each day-at 9:00 AM, 11:00 AM, 1:00 PM, and again at 3:00 pm-office productivity has declined 30 percent since she assumed the helm one year ago. Would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? Explain.