Which of the Following Is an Example of Positive Technological

question 26

Multiple Choice

Which of the following is an example of positive technological change?

• A)A firm offers workers a higher wage to work on weekends and at night. As a result, the firm is able to increase its weekly production of surf boards.
• B)A firm buys an additional machine that it uses to make surf boards. As a result, the firm is able to increase its weekly production of surf boards.
• C)A firm conducts a new advertising campaign. As a result, the demand for the firm's surf boards increases.
• D)A firm's workers participate in a training program designed to increase the number of surf boards they can produce per day.

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Definitions:

Fishbone Diagram

A visual tool used for identifying and organizing the potential causes of a problem in a structured format, often resembling the shape of a fish skeleton.

Kaizen

A Japanese term for 'continuous improvement,' focusing on incremental changes in processes to enhance efficiency and quality.

Total Quality Management (TQM)

A comprehensive management approach that focuses on continuous quality improvement of products and services by involving all members of an organization.

Principles

Fundamental truths, rules, or standards that form the basis for reasoning, behavior, or the belief system of an individual or organization.