Learning objective
Explain how technology can improve operational efficiency.
Read the explanation, check the common trap, then practise with flashcards and questions.
At a glance
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Flashcards
0
Questions
Topic
Increasing efficiency and productivity
Subtopic
Resource mix and technology
Study support
Understand this objective
Quick explanation
Explain how technology can improve operational efficiency
- This point belongs to Increasing efficiency and productivity, especially Resource mix and technology.
- You need to be able to explain how technology can improve operational efficiency.
- The key ideas to know are technology.
- Use the linked flashcards and practice questions to check recall, then practise applying the idea in an exam-style answer.
Key concepts
Why it matters
This objective helps connect Resource mix and technology to exam-style questions, flashcards, and revision notes for Increasing efficiency and productivity.
Quick student answer
What should an business answer explain about technology can improve operational efficiency?
Direct answer
For Business, this page helps you revise technology can improve operational efficiency in Increasing efficiency and productivity. Focus on the key terms, the exam command, and a clear answer that matches the question. Key terms to check are quantitative analysis and Resource mix and technology.
Key terms
- quantitative analysis: quantitative analysis is a Business concept used to analyse Explain how technology can improve operational efficiency.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
- Resource mix and technology: Resource mix and technology should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
- technology: technology affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Common trap
Resource mix and technology common mistake 1: Show the method first, then give the final answer in the required form. Apply this directly to Resource mix and technology.
Related questions
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Question 1 of 4
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Flashcard prompts
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Flashcard 1 of 4
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Revision tools
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Practice Questions0 linked questions
Revision notestopic notes
Open the full topic revision notes when you are ready to review this objective in context.
Open revision notesRelated learning objectives
- Explain the importance of capacity, efficiency and labour productivity in operations.
Capacity, efficiency and productivity
- Evaluate the benefits and difficulties of lean production, including Just in Time and Just in Case approaches.
Capacity, efficiency and productivity
- Analyse how businesses choose an optimal mix of labour and capital resources.
Resource mix and technology
