The Disadvantages of Automation Over Human Labor Are That Automation

question 37

Multiple Choice

The disadvantages of automation over human labor are that automation ______.

• A)requires a process to be standardized
• B)requires high variable costs
• C)requires increased human supervision
• D)requires intervention by senior management

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Definitions:

Controllable Margin

The portion of profit or margin that can be directly influenced by managing the controllable costs in a business.

Operating Results

The financial outcomes of a company's core business activities, excluding non-operating revenues and expenses, reflecting its operational efficiency.

Required Rate of Return

The minimum annual percentage return an investor expects to earn when investing in a particular asset or project.

Sales Revenue

The income received by a company from its sales of goods or the provision of services.