impact of technology on manufacturing

Question 1

new products

Answer 1

leads to a unique selling point and customer satisfaction

Question 2

customer satisfaction

Answer 2

if produce or quality of a product improves so will the levels of customer satisfaction

Question 3

higher profits

Answer 3

higher sales=higher profits
improving efficiency of business
and reducing overall costs

Question 4

quality

Answer 4

made to a higher specification
higher quality so less errors
leading to a high customer satisfaction

Question 5

motivation

Answer 5

if job is the same you get more bored staff meaning more abdensies
therefore also more mistakes are made
by employees getting bored business will need to pay recruitment costs due to them leaving

Question 6

lower costs

Answer 6

reduces costs per unit (economies of scale) as technology costs less than employees

Question 7

increased production

Answer 7

a 24/7 production and machines don’t have any breaks therefore output increases

Question 8

retraining costs

Answer 8

means an increase in training requirements as new skills are needed for employees to do their job

Question 9

improved communication

Answer 9

improved communications through the business
faster communication=more efficient business

Question 10

redundancies

Answer 10

means fewer people are required due to having more machines
or
fewer people as people don’t have enough skills for technology

Question 11

capital costs

Answer 11

capital costs increased as technology is expensive and can break down