ECONOMICS
SCARCITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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lose
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production
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money
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resources
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Detailed explanation-1: -Turning over recurring and monotonous tasks to powerful computers increases productivity. It also reduces the chance of human error. What’s more, letting technology do the heavy lifting allows you and your employees to focus on core business tasks and revenue-generating activities.
Detailed explanation-2: -Technology has a big impact on businesses, in terms of both updating existing products and finding new ways of manufacturing products. Technology benefits businesses as it allows them to produce higher quantities, make products more consistent and be more cost-effective.
Detailed explanation-3: -1 – Use Virtual Private Networks. 2 – Use Video Conferencing Software. 3 – Use a Networked Voice and Data Solution. 4 – Use an Outsourced IT Service Provider. 5 – Use the Cloud. 6 – Use a Scheduling System. 17-Oct-2022