Reducing Reliance on Human Workers and Instead Investing Heavily in Computers

question 74

Multiple Choice

Reducing reliance on human workers and instead investing heavily in computers and online technology will

• A) reduce fixed costs and increase variable costs.
• B) reduce variable costs and increase fixed costs.
• C) have no effect on the relative proportion of fixed and variable costs.
• D) make the company less susceptible to economic swings.

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Definitions:

Requirements for Innovation

Critical conditions or inputs needed to foster creativity, including a supportive culture, resources, and an environment that encourages risk-taking and experimentation.

Leadership Performance

The effectiveness and outcomes of a leader's actions in guiding and influencing an organization or group towards achieving its goals.

New and Usable Ideas

Innovative and practical concepts that can be implemented to solve problems or enhance processes.

Can-Do Attitude

A positive and proactive approach to facing challenges and accomplishing tasks.