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Globalization strives to reduce costs by pooling production or other activities or exploiting factor costs or capabilities within a system?
true
Does automation increase the cost of production?
NO,basically automation helps to decreses the cost of production.by the help of automation ,large number of units are produced with very little amount of time with higher accuracy.if large number of units produced,slowly slowly cost decreses.But initially,may be the cost of unit was high because of huge infrastructure cost but day by day,it decreses as some costs are fixed cost .so more often cost of production directly affected by varriable cost.So finally,i want to conclude that,industrial automation helps to decrese the cost of production secondarily,but at primary stage,cost of production increses by automation due to huge initial investment.
Why does globalization give countries an incentive to reduce wages or their workers?
Lower production costs help lure foreign
Why do some firms price discriminate?
to reduce the quantity sold so as to reduce production costs. to take advantage of customers. to increase profits. to increase total economic surplus.
Why does globalization give countries an incentive to reduce wages their workers?
Lower production costs help lure foreign investment--apex
How do you minimize costs of automation?
To minimize costs of automation, you can start by conducting a thorough cost-benefit analysis to identify areas where automation can lead to significant savings. You can also consider using open-source automation tools or developing in-house automation solutions to reduce software licensing costs. Additionally, investing in employee training to ensure efficient use of automation tools can help maximize cost savings.
What are the key benefits of automation marketing?
The key benefits of automation marketing are that it can reduce costs and improve returns on investments and it can also help promotion and therefore increase sales.
What is the Business Process Automation strategy about?
The Business Process Automation (BPA) ist a process modern businesses use to reduce costs. This reduction in costs is gained through automating and restructuring processes and also through implementing useful softwares.
How does mass production reduce cost on goods?
mass production mainly reduces the costs of labor..
Which of the following is a business practice used to reduce costs costs by controlling all aspects of production in an industry?
inksoliko
What effect does decreasing automation have on a company?
Decreasing automation can lead to reduced efficiency, slower production speed, increased error rates, and higher labor costs for a company. This can result in lower productivity levels and competitiveness in the market compared to companies that embrace automation.
How cost of production can be reduce through effective and optimal design?
Weight loss. Recycled materials. Energy consumption. Manufacturing automation. Updated.
Globalization strives to reduce costs by pooling production or other activities or exploiting factor costs or capabilities within a system?
true
What is the plural of automation?
The plural of automation is automations. As in "the automations reduce the cost of human labour".
Describe a situation where fixed automation is preferred over programmable automation?
fixed if for mass production while programmable is for batch production
How did Henry Ford reduce the costs of his cars?
By using mass production. A very novel idea at the time.
Does automation increase the cost of production?
NO,basically automation helps to decreses the cost of production.by the help of automation ,large number of units are produced with very little amount of time with higher accuracy.if large number of units produced,slowly slowly cost decreses.But initially,may be the cost of unit was high because of huge infrastructure cost but day by day,it decreses as some costs are fixed cost .so more often cost of production directly affected by varriable cost.So finally,i want to conclude that,industrial automation helps to decrese the cost of production secondarily,but at primary stage,cost of production increses by automation due to huge initial investment.
