GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Increased productivity speed
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Greater precision
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High initial set up costs
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More efficient use of time
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Detailed explanation-1: -Privacy issue: Customer data is stored in the office and any employee can get access to the data. Office employees can use customers’ data in the wrong way also.
Detailed explanation-2: -Lower operating costs. Improved worker safety. Reduced factory lead times. Faster ROI. Ability to be more competitive. Increased production output. Consistent and improved part production and quality. Smaller environmental footprint. More items
Detailed explanation-3: -Worker displacement – The most significant disadvantage of automation is the displacement of human labour. Needs large capital expenditure – Automation has been a staple of industry for many decades. Can become redundant – Automation is a convenient solution to many problems. More items •14-Feb-2022