Manpower Displacement Through Automation

question 59

Multiple Choice

Manpower displacement through automation:

• A)Is considered a benefit through cost/benefit analysis
• B)Should be a concern of management
• C)Is the goal of proper engineering
• D)Seldom results in termination of employees

Examine the alignment of managers' interests with the owners' interests in an organization.

Explain the concept of Economic Darwinism within the context of business practices.

Discriminate between the roles and functions of management accountants in organizations.

Evaluate external business offers considering capacity, incremental costs, and potential strategic implications.

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Definitions:

Litigants

Parties involved in a lawsuit, including both the plaintiff (the party bringing the suit) and the defendant (the party being sued).

Submission Agreement

A legal agreement where parties agree to submit a current or future dispute to arbitration, without necessarily specifying the details of the arbitration process.

Lawsuit

A legal action initiated by one party against another in a court of law to enforce or defend a legal right.

Binding Arbitration

A dispute resolution process where an impartial third party renders a decision that is final and legally binding on all involved parties.