There is evidence that the recession is coming to an end for Intelligent Engine Company. New orders are coming in at a steady pace, and management is confident that new contracts will take them through the next couple of years. The company has started investing again, but not in people. Employees total the same as when the company and its competitors faced their lowest revenues of the decade. Due to __________________ , the company is producing more product and services with less people.
A) the lack of skilled labor
B) new competition
C) social changes
D) technological advancement

Question

Quizplus · Accepted Answer

The fact that the company is producing more with less employees suggests that they have invested in new technology that improves efficiency and productivity. This could explain why they have not needed to hire more people despite increasing orders and expanding operations.

There Is Evidence That the Recession Is Coming to an End