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Krista Is Exploring the Opportunities That Technological Forces Can Provide

question 5

Multiple Choice

Krista is exploring the opportunities that technological forces can provide to her organization. She has been hearing comments from her staff that she is old fashioned, and out of touch with the benefits of technology and how it can be used to improve the work-life balance of employees.
-Benefits of automation of operations include all of the following EXCEPT


Definitions:

Profit Opportunities

Situations where businesses can generate higher returns on investment than the market average.

Efficient Economy

An economy where resources are allocated in the most efficient way possible, maximizing the production of goods and services without wasting resources.

Economic Output

The total value of all goods and services produced within an economy over a specific time period.

Potentially Efficient

A condition where resources could be allocated in a way that maximizes the net benefits to society, although it may not necessarily be achieved.

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