Business Studies, asked by Prashantgamer57, 1 year ago

Change in man machine ratio with technology advances

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Answered by rahulragini
0
With the advancement of technology and the commensurate introduction of modern efficient machinery, there is a distinct change in the man machine ratio in industry today from what it was in the past. Earlier, manpower was one of the most important factors of production; today, machines are doing the same task with more efficiency. Therefore, it is safe to say the man machine ratio, which was earlier tilted in favour of man is today tilting towards machines. 
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