ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Websites can allow consumers to purchase goods online.
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Container ships can transport a number of goods at once.
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Automation can create goods more cheaply and easily.
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Airlines can send goods from one place to another.
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Detailed explanation-1: -Automation can create goods more cheaply and easily. Businesses can hire factory workers across the world. Container ships can transport a number of goods at once.
Detailed explanation-2: -The design and production of both goods and services can be facilitated by various high-tech tools, including CAD, CAM, CIM, and FMS.
Detailed explanation-3: -increase the efficiency of your business systems. streamline your relationships with suppliers and customers. increase the speed, flexibility and efficiency of the production process. expand the range of what can be produced.
Detailed explanation-4: -Allows outsourcing Instead of hiring people to get the job done in your factory, you can simply outsource the work to contractors. Contractors can lower the cost of production. Companies can outsource minor work to other countries to save even more.