Technology that is characterized by low initial costs and high operating costs is termed
A) a quality circle.
B) capital-intensive.
C) an industrial installation.
D) labor-intensive.
E) a process layout.

Question

Quizplus · Accepted Answer

Technology that is characterized by low initial costs and high operating costs is known as labor-intensive, as it requires a significant amount of labor to operate and maintain, leading to higher ongoing costs despite the low initial investment.

Technology That Is Characterized by Low Initial Costs and High