The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."
With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.
With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.
Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.
Hence, the use of new technology in industry has benefited producers more so than consumers.
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Answer:
24.8 per hour
Explanation:
There are 3 workers and hence are three workstations. Consecutive activities are assigned to each workstation such that workload is as uniform as possible
Hence the time in each workstation (WS) is,
WS1 = 45+55+15 = 115 seconds
WS2 = 25+50+5+30 = 110 seconds
WS3 = 95+50 = 145 seconds
Workstation 3 has the highest processing time and hence is the bottleneck and determines the capacity of the process
Therefore capacity = 1/145 per second = 3600/145 per hour = 24.8 per hour
Internal control objectives remain essentially the same although technology, risks, and control methods change. Thus, many concepts of control (management's responsibility, the role of the control environment, reasonable assurance, monitoring, and cost-benefit analysis) are relevant regardless of IT changes.
<h3>What is
technology?</h3>
- The use of skills, methods, and processes utilized in industrial production and scientific study combined with collected knowledge to create technology.
- All equipment and electronic devices operate using technology, whether or not the user is fully aware of how they work for the organization's goals.
- Systems make up the technologies used in modern life.
<h3>Why is technology so important in today's world?</h3>
- Information sharing, meal preparation, clothing cleaning, and transportation are all things we do with the help of technology.
- However, even commonplace technologies like door locks, floor tiles, and furniture are things we now take for granted and that we consider to be less spectacular than 3D printing or self-driving automobiles.
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Answer:
a. will have access to experts who can decide international trade disputes.
Explanation:
