The Impact of Automation on Business
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Questions and Answers

What are some benefits of automation for businesses?

  • Increased paperwork, higher operational costs, and reduced precision
  • Delayed operations, increased costs, and unchanged precision
  • Streamlined operations, cost reduction, and enhanced precision (correct)
  • Complex operations, higher costs, and decreased precision

What is a challenge for businesses in implementing automation?

  • Seamless system integration and minimal training requirements
  • Low initial investment and high employee resistance
  • Substantial initial investment and implementation costs (correct)
  • Minimal impact on resources and easy integration

How can employees benefit from automation?

  • Increased mundane responsibilities and reduced skill development
  • Limited engagement in creative aspects of roles and decreased strategic tasks
  • Redirection of efforts toward higher-value tasks and acquiring new skills (correct)
  • Unchanged job responsibilities and stagnant skill set

Why is transparent communication important in the context of job displacement due to automation?

<p>To address concerns related to potential job displacement and maintain a positive workplace environment (B)</p> Signup and view all the answers

What are the positive impacts of automation from the customer's standpoint?

<p>Improved service quality and potential for innovation (A)</p> Signup and view all the answers

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