Which of the following is an advantage of flexible manufacturing technologies?
A) They have made shorter production runs economical.
B) They have increased the importance of production economies of scale.
C) They eliminate the need for differentiation from competitors.
D) They have reduced the importance of technological innovation in industries.
Correct Answer:
Verified
Q1: As a result of the rapid pace
Q2: According to the concept of the innovation
Q4: Innovation and new technologies have led to
Q5: Externalities are costs that are borne by
Q6: Which of the following is true of
Q7: Technological innovation results in complete eradication of
Q8: The majority of effort and money invested
Q9: Flexible manufacturing technologies have increased the importance
Q10: If a business discharges untreated chemical waste
Q11: Most innovative ideas do not become successful
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