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Dovator [93]
3 years ago
15

A manufacturing plant has found that purchasing a computerized electronic machine system decreased the need for additional worke

rs. Which of the following has occurred?
a) Job exportationb) Outsourcingc) Automationd) Offshoring
Business
1 answer:
Zielflug [23.3K]3 years ago
4 0

Answer:

C. Automation

Explanation:

The situation explained in the question perfectly explains Automation. New technologies and advancements lead to more efficient and advanced procedures and processes, particularly when such procedures and processes  require very little human interaction or assistance. Now if we talk about the manufacturing industry, procedures like CAD (computerized aided design), CAM (computer aided manufacturing) and EDI (electronic data interchange) have pretty much eased and transformed the manufacturing procedures and environments.

Job exportation mostly relates to employment in international corporations usually located in growing and developed countries.

Outsourcing is the contracting out of certain aspects of business to third party specialist organizations who mostly specialize in that particular work domain.

Offshoring is the transfer and reallocation of SBU (strategic business units) from one country to another.

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Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 billion USD to acquire Coca-Cola Enterprises, its largest bottling partner, it reversed course in 2015 and sold off all its bottling operations. This is an example of a <u>failed diversification effort</u>.

<u>Explanation</u>:

Diversification efforts are taken by the organizations to achieve desired outcomes but sometimes they fail in it. The following are the reason for failure of diversification effort:

- failing to integrate acquisitions

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The diversification strategy is adopted by many organizations to develop its business. In the above scenario, Coca-Cola Enterprises adopted diversification effort but failed in it.

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4 years ago
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FinnZ [79.3K]

Answer:

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Employee stock ownership plan is a staff reward scheme where a company's employees are awarded shares of the company they work for, hence they become both staff and shareholders of that company.

Sometimes these plans are futuristic, they are awarded at a certain date in future if the company achieves certain goals. Hence the productivity of employees are boosted in the bid to boost the company's performance and achieve their share rewards

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