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Technology for businesses Flashcards | StudBud

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What is the main purpose of using technology in business?

Did Woolwoths use AI to predict customer demand

Technology for businesses

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Questions 5

Answers

1
Did Woolwoths use AI to predict customer demand
True
False
2
What is the main purpose of using technology in business?
A. To increase the number of employees
B. To slow down production
D. To replace physical stores
C. To improve efficiency and operations
3
What was the report sales Woolworths achieved due to AI
1.5%
7.9%
3.8%
10.3%
4
What is one negative effect of techology?
Reaching global markets
reduced operating time
Risk of cyberattacks
increased communication
5
Which of the following is a positive impact of technology on business?
Job loss due to machine
High setup cost
Cybersecurity threats
automation of processes