GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What has revolutionized the way businesses in many industries produce their products?
A
Computers
B
Loading
C
Skill Variety
D
Production Planning
Explanation: 

Detailed explanation-1: -Industry 4.0 is revolutionizing the way companies manufacture, improve and distribute their products. Manufacturers are integrating new technologies, including Internet of Things (IoT), cloud computing and analytics, and AI and machine learning into their production facilities and throughout their operations.

Detailed explanation-2: -Improved communication – the lifeblood of all businesses is communicating effectively with staff and consumers. Computers changed not only how this was done but also made it much more effective. Advances like email and instant chat and video calls made it faster to pass on information within an organization.

Detailed explanation-3: -Technology applications have enhanced the pace and output of various business activities such as marketing, promotions, sales, and accounting. From internal operations to the external output of the activities, from minute processes to major activities, multiple aspects of the business need the use of technology today.

Detailed explanation-4: -Gradually, computers have become smaller and faster, enabling people to use them virtually anywhere. New computer technology has enabled more advanced business tasks as well. For example, as buying email list has grown, a professional can now use a ceo email database to reach more potential customers.

Detailed explanation-5: -People use computer to automate the process of distribution, marketing, and manufacturing in businesses. A computer helps speed up the business operations and produce advanced, quality output. It also enables businesses to communicate and transact with their customers more conveniently and easily.

There is 1 question to complete.