What is a key issue facing managers of the 2000s with respect to production technology?
A)Using the technology while maintaining an adequate level of complexity vs.simplicity
B)Balancing price of the technology with the benefits of its use
C)The choice between reformulating strategies and reorganizing or using the technologies for incremental improvements
D)Integrating CAD/CAM into their factories
E)Ensuring all parties understand the technology

Question

Quizplus · Accepted Answer

The choice between reformulating strategies and reorganizing or using the technologies for incremental improvements is a key issue facing managers of the 2000s with respect to production technology. Managers must decide whether to completely overhaul their production strategies and organizational structures to fully utilize new technologies, or to implement them gradually in order to achieve incremental improvements. This decision will impact the organization's competitiveness and ability to adapt to changing market demands.

What Is a Key Issue Facing Managers of the 2000s