The opportunity to alter production technology gives managers:
A)The flexibility to adapt to changing situations
B)increased cash flow from operations
C)The opportunity to expand production
D)The ability to expand product lines

Question

Quizplus · Accepted Answer

Altering production technology provides managers with the flexibility to adapt to changing situations, such as shifts in consumer demand, changes in the availability of resources, or advancements in technology. While altering production technology might also lead to increased cash flow from operations, the opportunity to expand production, or the ability to expand product lines, these outcomes are not guaranteed and may depend on other factors beyond technology alone.

The Opportunity to Alter Production Technology Gives Managers