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Unit 1 Business Management Technological Issues

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Technological issues relate to....

a)

the use of hi-tech robotics.

b)

the growing use of tools, techniques or systems by businesses to solve problems or to serve a purpose in operations.

c)

the survival of businesses to survive and adapt

d)

the cost of global communication.

2.

Innovation in technology has increased at a remarkable pace and it has.....

a)

increased efficiency and productivity of a business.

b)

revolutionised the workplace and every aspect of daily life.

c)

resulted in products and services becoming rapidly obsolete

d)

reduced operating costs.

3.

Since 2016 the number of operational industrial robot jobs has increased annually by...

a)

12%

b)

13%

c)

14%

d)

15%

4.

On a recent Price Waterhouse study what percentage of people would be willing to augment their bodies and brains to improve their employment prospects!

a)

40%

b)

50%

c)

60%

d)

70%

5.

The cost of global communication is...

a)

remaining constant

b)

rapidly increasing

c)

declining

6.

The speed of technological change has meant the product life cycle has become...

a)

shorter

b)

longer

c)

is still the same

7.

The most famous rule for predicting the rate of technology advancement was developed in

a)

1985

b)

1975

c)

1965

d)

1995

8.

A consequence of the change in product life cycle means that...

a)

more people will be using autonomous vehicles

b)

large amounts of data will be generated annually

c)

many employees have been replaced by technology

d)

more time and money needs to be spent on research and development to remain competitive

9.

Failure to detect and adopt new technology could result in

a)

a business failing to grow

b)

a business failure

c)

products and businesses becoming obsolete

d)

a business becoming more competitive

10.

Cloud technology is when

a)

data is stored on the internet

b)

data is in the clouds

c)

cloudy data occurs

d)

cloudy days occur