Chapter 10.3, Problem 3R

To determine

To analyze: The way each adaptation helped increase the business efficiency.

Explanation of Solution

Mechanization refers to the process of combining labor of people with the working of machines.

Assembly line is the process when different parts of a single product are passed through a belt to the workers who assemble it into a final product.

Division of labor means breaking the job into small tasks and each task is performed by different workers. It is important as it helps people to excel in particular tasks.

Automation is the process where the work is being done by the machines and people just oversee it. It offers better quality product and also increase output.

Robotics refers to the machinery that functions the assembly line. It helps in speeding up the work and also maintaining the quality of the output.

Economics Concept Introduction

Introduction: Business efficiency is referred to as the processes that increases the output of the products minimum cost.