2E

Question 1

technological development

Answer 1

technological development are the invention and innovation of tools that solve problems and enhance processes.

Question 2

productivity

Answer 2

productivity is the number of goods and services that are produced compared to the number of resources used in the production process.

Question 3

Effectiveness

Answer 3

Effectiveness is the extent to which a business achieves its started objectives

Question 4

Automated production lines

Answer 4

Automated production lines are machinery and equipment which are arranged in a sequence, and the product is developed as it proceeds through each step.

Question 5

Manufacturing

Answer 5

Manufacturing businesses produce a finished physical good.

Question 6

Operation System

Answer 6

An Operation System produce a business’s goods or service which are sold to customers.

Question 7

Theory summary

Answer 7

Technology continues to change the way businesses operate. Technological developments have enabled businesses to operate at a superior speed and produce products of a much higher quality. when planning a business owners should invest time and money into researching upcoming technological advancements which are relevant to their business.