WorksheetsFlash Card Quiz: Business Technology Quiz
Total questions: 26
Worksheet time: 15mins
What is capital intensive production?
Production that relies heavily on machinery and equipment
Production that relies heavily on human labor
Production that uses minimal technology
Production that focuses on manual processes
What is labor intensive production?
Production that relies heavily on machinery and equipment
Production that relies heavily on human labor
Production that uses minimal technology
Production that focuses on automated processes
Poppy is managing a factory that produces electronic gadgets. She is considering switching to a capital intensive production method. Which of the following is a benefit of this approach?
Lower initial investment
Higher consistency and quality
Increased employment opportunities
Greater flexibility in production
Which of the following is a drawback of labor intensive production?
High initial investment
Lower consistency and quality
Reduced employment opportunities
Increased automation
What does AI stand for in business technology?
Automated Integration
Artificial Intelligence
Advanced Innovation
Applied Information
What is CAM in the context of business operations?
Computer Aided Manufacturing
Customer Account Management
Centralized Asset Management
Collaborative Application Module
What does CAD stand for?
Computer Aided Design
Centralized Application Development
Customer Analysis Data
Collaborative Asset Distribution
What is EPOS used for in business?
Employee Performance Optimization System
Electronic Point of Sale
Enterprise Planning and Operations System
Environmental Protection and Oversight System
Which technology is commonly used for online ordering?
CAD
AI
Apps
CAM
Neha is managing a retail store and is considering implementing bar codes for inventory management. What is a benefit of using bar codes in her business operations?
Increased manual data entry
Enhanced data accuracy and speed
Higher costs of implementation
Reduced inventory tracking
What is a QR code primarily used for?
Storing large amounts of text
Quick access to information via scanning
Enhancing visual design
Reducing data storage needs
What is the purpose of Radio Frequency Identification Tags?
To enhance visual appeal
To track and identify objects wirelessly
To reduce production costs
To increase manual labor
William's company recently adopted new technology to streamline operations. What is a drawback they might face with this increased technology use?
Decreased efficiency
Higher initial costs
Reduced data accuracy
Increased manual labor
Which technology is used for tracking inventory in real-time?
QR codes
Bar codes
Radio Frequency Identification Tags
EPOS
This type of technology has made it easier for people to be at different locations to talk and work together and even work together on documents. This uses both audio and video methods of communication.
Telecommuting
Teleconferencing
Videoconferencing
Computer Aided Design
EPOS is used to scan bar codes and
can be used to update stock records
can be used to pay bills online
can be used to give out cash
Can be used to communicate with employees
This software can be used to create presentations
Google Slides
Canva
Prezi
All of the above
What is the primary use of chatbots and virtual assistants in customer support?
To provide personalized product recommendations.
To offer 24/7 support.
To manage social media accounts.
To handle financial transactions.
Match the following IT components with their descriptions:
Computers and Software
Devices and programs used for various tasks
Networking and the Internet
Connecting devices and enabling communication
Cloud Computing
Scalable resources and storage solutions
Hardware maintenance
Upkeep and repair of physical devices
(a) facilitates global communication and online commerce.
What is the difference between data and information in a business context?
Data is raw and unprocessed, while information is organized and meaningful.
Data is stored electronically, while information is printed on paper.
Data is quantitative, while information is qualitative.
There is no difference; data and information are interchangeable terms.
Click on the examples that are examples of labour-intensive industries
Manufacturing
Teaching
Sports coaching
Psychiatry
Management cosultancy
Examples of capital-intensive industries include
Manufacturing
Soft-drink production
Oil extraction
Hospitality
Labour intensive production processes tend to be used to produce:
standardized mass products
custom-made products
Firms that become more capital-intensive usually do so to:
Provide customers with unique custom-made products
Increase the levels of output and productivity by mass producing their products resulting in lower unit costs.
Whether firms choose more capital or labour intensive production methods depends on:
The cost of labour compared wth the cost of capital.
The size of the market ( i.e. is the firm serving a mass market or a niche market)
The firm's objectives (objective might differ depending on whether it is operating as a profit-maximizer in a mass market etc)
The weather - firms choose to use one factor of production over the other depending on atmospheric conditions.
