Practice High Initial Investment - 4.4.2 | 4. Automation at Workplaces | ICSE Class 11 Business Studies
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4.4.2 - High Initial Investment

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does high initial investment refer to?

💡 Hint: Think about the costs involved when starting automation.

Question 2

Easy

Why might small businesses struggle with high initial investments?

💡 Hint: Consider what resources smaller companies generally have.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

High initial investment refers to the:

  • Low costs of automation
  • Large upfront costs
  • Ongoing expenses

💡 Hint: Think about the setup phase of automation.

Question 2

True or False: Small businesses generally find it easier to manage high initial investments.

  • True
  • False

💡 Hint: Consider the financial capacity of smaller companies.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A small manufacturing firm has to decide whether to invest in a new automated production line. The initial cost is $500,000. They expect average annual savings of $150,000. How many years will it take to recover the investment?

💡 Hint: Consider how to calculate the return on the investment over time.

Question 2

Discuss how an initial investment in automation might reflect on an entire industry’s competitiveness in a global market.

💡 Hint: Think about scaling and operational advantages as reasons to invest.

Challenge and get performance evaluation