Productivity growth is important to the firm because more real income means that the firm can meet its ( perhaps growing ) obligations to customers, suppliers, workers, shareholders, and governments ( taxes and regulation ), and still remain competitive or even improve its competitiveness in the market place.

Productivity growth is important to the firm because it means that it can meet its ( perhaps growing ) obligations to workers, shareholders, and governments ( taxes and regulation ), and still remain competitive or even improve its competitiveness in the market place.

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