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level: Influence of Technology on Production and the Impact on Business

Questions and Answers List

level questions: Influence of Technology on Production and the Impact on Business

QuestionAnswer
How can Technology find itself in Production?-This can be used for Design, or for Robots which is linked with the Production Stage -Technology can Rapidly speed up Production, and therefore Productivity
Advantages of Using Technology in Production?-Quality will remain Consistent in terms of the Production -Waste will become less Frequent as Technology rarely makes Mistakes -Productivity increases, because Technology does not Tire -Higher Customer Satisfaction rates -Produces on a Cost Efficient, with Low Labour Costs per Unit -Technology can make a Safer Working Environment -Products can become Flexible if so due to Technology
Disadvantages of Using Technology in Production?-Start up costs are Stupidly Expensive -Breakdowns can cause a Break down in the Production Chain -Machines need Downtime, Production therefore Stops -Capacity may be Wasted if the Machines Full Output isn't needed