At a Schlage Lock Factory, Many Employees Are Needed to Use

question 69

Multiple Choice

At a Schlage Lock factory, many employees are needed to use tiny screwdrivers and other tools to carefully assemble the inner workings of door knobs and locks. They must sit at a station and look through a magnifying glass to complete this work. This production process could best be described as

• A) labor-intensive technology.
• B) highly automated.
• C) capital-intensive technology.
• D) high capacity.
• E) refined product design.

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Definitions:

Stock Split

A corporate maneuver where a firm expands its existing shares into a greater quantity to increase the shares' liquidity.