Question

New orders are coming in quickly for SmartTech, and management is confident that new contracts will take them through the next couple of years. The company has started investing again, but not in people. The number of employees is the same as when the company and its competitors faced the Great Recession. Most likely due to ________________, the company is producing more product and services with less people.

Answer 1

Answer:

The correct answer is letter "D": technological advancement.

Explanation:

Technological advances allow companies to improve their production process. It does not only provide more information and knowledge on what to do to achieve optimal production levels but also through machinery allows companies to reduce labor costs significantly.