Which of the Following Statements About the Impact of CAD/CAM

question 168

Multiple Choice

Which of the following statements about the impact of CAD/CAM on manufacturing is most accurate?

• A) CAD/CAM is most useful to firms producing durable goods such as automobiles.
• B) CAD/CAM has replaced ERP as the most sophisticated resource planning technique.
• C) CAD/CAM allows firms to save money by replacing skilled labor with computers to perform all of the high-skill tasks.
• D) CAD/CAM has made it possible to produce custom-designed products with little increase in costs.

---

Definitions:

General Guidelines

Broad and nonspecific instructions or rules designed to guide actions or behavior in various situations.

Defender Organization

A type of business strategy where a company focuses on protecting its existing market share by emphasizing product improvement and innovation within a narrow market scope.

Current Operations Efficiency

The ratio of effective output to input in the performance of a business’s present-day activities.

Market Opportunities

Potential areas for business growth and expansion, identified through the analysis of market trends, customer needs, and competitive landscapes.