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Question

In the case of Chandra, we saw she incurred very high production costs using handloom as compared to the mechanized powerloom. Apart from the costs, which of the following factor(s) are impacted due to outdated technology?


A

Productivity

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B

Managerial skill

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C

Competency

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D

None of the above

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Solution

The correct options are
A

Productivity


C

Competency


Using handloom directly impacted the productivity and competency of Chandra's business since the powerloom works 10 times faster than handloom.


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