10 Identify two advantages (other than cutting costs) to the company of using....[2]

Ch 18 Production of goods and services
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10 Identify two advantages (other than cutting costs) to the company of using....[2]

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Javid is a company that manufactures a range of luxury chocolates using batch production. Over the past year, profit has fallen due to increased competition. In order to cut costs, the Finance Director has suggested the company introduces new technology into the production process.

10 Identify two advantages (other than cutting costs) to the company of using new technology. [2]

Possible KN Points:

• less errors/wastage/consistent quality
• less risk of injury
• higher output
• able to make new products
• speed of production/efficiency
• 24/7 operation
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