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.

Grasp the economic issues of supply and demand, including understanding limited resources.

Comprehend the concept of profit as the primary goal of business and its societal implications.

Identify the role and importance of stakeholders in an organization’s success.

Understand the aspects and functions of management within a business context.

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Definitions:

Type B Personalities

Individuals characterized by a relaxed, patient, and easy-going nature.

Stress Experience

The physical and emotional reactions individuals undergo when confronted with demands that they feel unable to meet, often leading to various health and performance issues.

Interpersonal Demands

The pressures and challenges associated with interactions between individuals in a workplace or social setting.

Group Pressures

The influence exerted by a group on its members to conform to its norms, values, and behaviors.