Questions and Answers
What is the definition of production in a plant?
Converting raw materials into finished products using tools and equipment
What is the role of production technology in a business?
Enabling the creation of tangible physical products
During which industrial revolution did mass production become prominent?
2nd Industrial Revolution
What was a significant technological development during the 1st Industrial Revolution?
Signup and view all the answers
What types of operations are associated with modern industrial businesses?
Signup and view all the answers
What is the main focus of production technology?
Signup and view all the answers
During which time period did the 1st Industrial Revolution (Mechanization) occur?
Signup and view all the answers
What are the main components involved in the process of production?
Signup and view all the answers
What did the 2nd Industrial Revolution (Industrialization) primarily focus on?
Signup and view all the answers
Which of the following is NOT a characteristic of modern industrial business according to the text?
Signup and view all the answers
