When Computers Are Used to Replace Workers on a Factory

question 90

Multiple Choice

When computers are used to replace workers on a factory production line,the wage gap between skilled and unskilled workers

• A) will increase only if the company can increase the price of its product.
• B) is likely to increase.
• C) is likely to decrease.
• D) will not change.

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Definitions:

Production Process

The series of steps or actions taken to manufacture a product or deliver a service, from initial inputs to the final output.

Reengineering

The radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.

Strategic Management Process

The comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission, vision, and strategy throughout an organization.

Strategy Implementation

The process of executing plans and strategies to achieve organizational objectives, involving the allocation of resources and coordination of staff and departments.