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Why are some organisations capital intensive and others labor intensive?

labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output labour intensive means use of manpower in production with little of technology while capital intensive means use of technology in production of a unit of output


What is the scope of managerial economics in the field of engineering?

costs:- technology has multi-dimensional impact on costs, one hand technology determines what combination of various factor is to be used e.g capital -intensive technology or labor intensive technology


What are the advantages and disadvantages of semi intensive system of farming?

it requires low investment and higher returns.


Give 5 advantages of science and technology?

give 5 advantages and disavantages of technology


3 advantages of technology?

3 advabtage of technology


Advantages and disadvantages of transfer of technology?

The advantages of technology transfer is that China can mass produce United States nuclear apparatus and sell it back for cheaper prices. The main disadvantage is there are compromises to US security.


Labor-intensive and capital intensive?

Labor-intensive refers to a production process that relies more on human labor than machinery or technology, while capital-intensive refers to a process that relies heavily on machinery, equipment, or capital investment rather than on labor. Labor-intensive industries require more manual work and intensive supervision, while capital-intensive industries involve larger investments in equipment and technology.


What are the advantages of intensive farming?

•With the introduction of intensive farming, farm produce such as vegetables, fruits and poultry products have become less expensive. This means that poor people can afford a balanced and nutritious diet. •One of the major advantages of intensive farming is that its yield is high. •Organic food it affordable only to the rich and the society


Names the advantages of technology?

Hi, technology is an advancement in science.


Define capital intensive technology?

requiring a large investment in capital goods and a relatively small labor force a capital-intensive industry or plant


What is labor intensive technology?

Things that involve human effort. ie - a traditional plumber will solder a fitting on. I will use a pre-made coupling in one tenth the time. -He is using labour intensive technology (read old-fashioned ) .


Advantages and disadvantages of using technology in refrigeration?

what are the advantages and disadvantages of refrigeration