Which of the following is an advantage of utilizing technology?
A)Technology increases the cost of production.
B)Technology reduces the need for a marketing plan.
C)Productivity increases.
D)Management becomes isolated from the demands of stakeholders. Technology is everything from phones to software programs that make businesses more efficient and productive.Productivity is the amount of output you generate given the amount of input.

Question

Quizplus · Accepted Answer

Utilizing technology can increase productivity by automating tasks, streamlining processes, and providing access to real-time data. This can lead to cost savings and greater efficiency, benefiting the overall performance of the business. Options A and D are disadvantageous, while option B is an untrue statement as technology can only support a marketing plan, not eliminate the need for it.

Which of the Following Is an Advantage of Utilizing Technology