Strategies to Optimise Operations: Technological Development (VCE SSCE Business Management): Quizzes

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Strategies to Optimise Operations: Technological Development
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What does technology refer to in business operations?

Equipment & knowledge used to function

What three components make up an automated production line?

Workstations, transfer system, electrical

How are production line robots controlled?

Programmed & controlled by computers

Which advantage results from automation's greater precision and accuracy?

Improved effectiveness

What is a key disadvantage of automation technology?

Technology can be inflexible

What type of diagrams can CAD software create?

Three-dimensional diagrams

What does CIM (Computer-Integrated Manufacturing) combine?

Both CAD and CAM

Which AI application is used in banking to improve customer experience?

AI-based chatbots

How much did Australians spend on e-commerce in 2020?

$54.6 billion

What distribution benefit does e-commerce provide to businesses?

Shortened distribution chain

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