Which of the Following Trends Are Collaboration Systems Most Likely

question 33

Multiple Choice

Which of the following trends are collaboration systems most likely to set in the near future?

• A) International businesses can involve collaboration among the best workers worldwide.
• B) The need for collaboration will gradually reduce as data storage becomes free of costs.
• C) The relationship between collaboration and social media will see a downfall.
• D) F2F meetings will outrun virtual meetings, making F2F as the primary collaboration tool.

Recognize the measuring challenges of productivity in service providers due to the variability of services.

Identify the components of operations planning in manufacturing.

Understand the advantages of standardization in manufacturing processes.

Differentiate between customization and standardization in product manufacturing.

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Definitions:

Excess Burden

The cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.

Tax Revenue

The income that is collected by the government through various forms of taxation.

Excess Burden

The expense incurred by society due to market inefficiency, happening when there's a mismatch between supply and demand.

Tax Revenue

The earnings achieved by governments by levying taxes.