QuestionJuly 16, 2025

How will technological improvements in production -oriented companies affect the number of workers required? Increase staffing costs Decrease productivity Lower the number of workers required Increase the number of workers needed

How will technological improvements in production -oriented companies affect the number of workers required? Increase staffing costs Decrease productivity Lower the number of workers required Increase the number of workers needed
How will technological improvements in production -oriented companies affect the number of workers required?
Increase staffing costs
Decrease productivity
Lower the number of workers required
Increase the number of workers needed

Solution
4.5(210 votes)

Answer

Lower the number of workers required Explanation 1. Analyze the impact of technological improvements Technological improvements typically lead to automation and efficiency, reducing the need for manual labor. 2. Determine the effect on workforce requirements As production becomes more efficient, fewer workers are needed to produce the same output.

Explanation

1. Analyze the impact of technological improvements<br /> Technological improvements typically lead to automation and efficiency, reducing the need for manual labor.<br /><br />2. Determine the effect on workforce requirements<br /> As production becomes more efficient, fewer workers are needed to produce the same output.
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