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It totally depends on what business you are running, such as a builder would want a labor intensive business, whilst a car maker would want a capital intensive business, disserent businesses need different things.
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Why are some organisation capital intensive and others labor intensive?
A bank or investment company would be considered 'capital intensive' , a construction company or landscaping company would be considered 'labour intensive' because they employ more people to try for the same gains.
Why did cheaper overseas labor have little impact on the sanitary paper products industry?
The capital-intensive nature of paper manufacturing means that cheaper overseas labor has less of an impact on manufacturing costs than in other, more labor-intensive industries.
What are the advantages and the disadvantages of capital intensive?
Disadvantages of capital intensive are:-Workers get bored with their job-Need to retrain workers/managers-Profit will decrease in short term-May need to build or find bigger building for machineryAdvantages of capital intensive are:-More profit in long term-Benefit from economies of scale-Increased productivity-Cheaper 'labor'
How has hog farming changed?
Hog production was rapidly becoming less labor-intensive and more capital-intensive, a condition that had not been problematic for corporate outfits able to bring significant resources to bear.
Why is it that relatively poor countries uses labor intensive technology while rich countries tend to use capital intensive technology?
Relatively poor countries often have abundant labor resources and limited access to capital. Therefore, they tend to rely on labor-intensive technology as it is more cost-effective for them. On the other hand, rich countries have higher levels of capital and advanced technology, enabling them to invest in more capital-intensive technologies that increase productivity and efficiency.
Why businesses are more likely to use labor intensive production rather than capital intensive production?
Assuming that both are available to do a production task, using labor allows the business to be more flexible to varying demands. An example is seasonal production such as farming. The farm owner can scale the amount of workers hired to fit the work available.
Labor intensive business rely more on what to prosper?
Word of mouth.
What is 1 11 2003 in roman numerals?
i-xi-mmiii capital letters are more preferable.
Why would use be made of an intensive labor force rather than using intensive technology?
Intensive labor force could put more emphasis on quality, whereas a ton of intense machinery would just do, do, do without any regard to quality that was not programmed into it.
Why might a country like China decide to produce labor intensive goods while a country like the US would decide to produce capital intensive goods?
Simple answer: the Hecksler-Ohlin model of trade describes that countries, as they specialise in goods in which they possess comparative advantage, devote labour/capital to that good. In this case, other goods are pushed out of the market as the dominant input (labour or capital) in the advantaged good rises in price. I.e.) China specialises in manufacturing; manfacturing is labour-intensive. Labour and capital shift to manufacturing. The price of the two rises, pushing other goods out of the market, especially capital-heavy goods (since labour is needed in manufacturing). In general, many countries specialise in a good because they possess plentiful inputs needed for that good. I.e.) The U.S. has a lot of capital. Therefore, capital has more competition and is cheaper to access. Capital-intensive goods are cheaper to produce, and so more capital-intensive goods are produced with higher profit-margins.
Why is it possible for competition among firms to force down to capital intensive production?
It is possible for competition to force competitors into capital intensive production in order to compete. When a firm does this, they can gain a competitive edge over others in the industry and get more customers because their competition will have to charge more to cover the expenses.
What is date of birth 15032003 in roman numerals?
xv-iii-mmiii capital numerals are more preferable but they both have the same values.
