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Determine factors that will influence to choice between labor intensive and capital intensive technique?
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∙ 11y ago
Size of the business
Wiki User
∙ 11y ago
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What is the difference between labor intensive and machinery intensive?
Labor intensive agriculture means it primarily uses physical labor of humans. Machinery intensive agriculture means it primarily uses the power of machinery to do labor, instead of or along with human beings doing the work.
Distinguish between capital and labour intensive production?
Labour-intensive or Capital-intensive production?It is important to distinguish between capital-intensive and labour-intensive methods of production. Capital-intensive'Capital' refers to the equipment, machinery, vehicles and so on that a business uses to make its product or service.Capital-intensive processes are those that require a relatively high level of capital investment compared to the labour cost.These processes are more likely to be highly automated and to be used to produce on a large scale.Capital-intensive production is more likely to be associated with flow production (see below) but any kind of production might require expensive equipment.Capital is a long-term investment for most businesses, and the costs of financing, maintaining and depreciating this equipment represents a substantial overhead.In order to maximise efficiency, firms want their capital investment to be fully utilised (see notes on capacity utilisation).In a capital-intensive process, it can be costly and time-consuming to increase or decrease the scale of production.Labour-intensive'Labour' refers to the people required to carry out a process in a business.Labour-intensive processes are those that require a relatively high level of labour compared to capital investment.These processes are more likely to be used to produce individual or personalised products, or to produce on a small scaleThe costs of labour are: wages and other benefits, recruitment, training and so on.Some flexibility in capacity may be available by use of overtime and temporary staff, or by laying-off workers.Long-term growth depends on being able to recruit sufficient suitable staff.Labour intensive processes are more likely to be seen in Job production and in smaller-scale enterprises.
What is the relationship between investment in human capital and gross domestic product?
to determine the value of french fries
Does accounting profit or economic profit determine how entrepreneurs allocate resources between different businesses ventures?
yes
How is trade changing within Europe and between Europe and the rest of the world changing due to the influence of the European Union?
i have no darn idea...
What is relation between mathematics and geography?
Linear Analysis is a technique used in statistics to determine the constant relationship between two variables.
Determine the annual unit sales volume at which Candice company would be indifferent between the two manufacturing methods?
There are two types of manufacturing methods. These are labor intensive and capital intensive. The type of manufacturing used should be determined by costs and revenue.
Which influence technique occurs when the leader asks the follower to comply with a request based on friendship?
The influence technique that occurs when the leader asks the follower to comply with a request based on friendship is known as the friendship/liking technique. It leverages the existing relationship between the leader and follower to gain compliance. The leader appeals to the personal connection and trust in hopes of influencing the follower's decision.
What is agricultural intensive?
trade between agriculture
What is the difference between ICU and ICCU?
Icu - intensive care unit iccu - intensive cardiac care unit
What is the difference between design and technique.?
The difference between design and technique is quite elaborate. Design is the development and documentation of an idea while technique is the strategy that is used to do something.
What is the differences between a streak plate technique and a serial dilution technique?
what is serial dilution and spread plate technique
What is the difference between labor intensive and machinery intensive?
Labor intensive agriculture means it primarily uses physical labor of humans. Machinery intensive agriculture means it primarily uses the power of machinery to do labor, instead of or along with human beings doing the work.
What is the differentiate between labor and capital intensive technology?
By way of an example: Digging holes can be labor or capital intensive. You can use 1000 workers with cheap shovels (labor intensive) or 1 worker with an expensive "steam shovel" (capital intensive). Some things cannot be done either way like picking strawberries (labor intensive) or manufacturing microcircuits (capital intensive).
What is the difference between intensive and extensive properties?
The different between intensive properties and extensive properties is that one is depend on the amount of matter present and one is do not depend on the amount of matter of present.
What is the difference between intensive distribution and exclusive distribution?
the different intensive is when you sell your product all over the stores that sell the smiler prduct to yous.
What influence does mass and distance have on gravity?
Mass and distance completely determine the gravitational force between two objects. The force is directly proportional to the product of their masses, and inversely proportional to the square of the distance between their centers.
