According to the Case in Point on Computer Technology and Demand

question 92

Multiple Choice

According to the Case in Point on computer technology and demand for workers, which of the following tasks has undergone a decreased demand for labor as the price of computers has decreased?

• A) record-keeping
• B) forming & testing hypothesis
• C) medical diagnosis
• D) janitorial services

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Definitions:

Balance Sheets

Balance Sheets are financial statements that summarize a company's financial position, including assets, liabilities, and shareholders' equity at a specific point in time.

Operations Management

The administration of business practices to create the highest level of efficiency possible within an organization, focusing on managing processes that convert inputs into outputs.

Enterprise

A business or company, especially one that's large and complex, engaged in commercial or professional activities.

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.