Efficiency and Low Average Cost
We had been arriving at 21 century, and now we are living in globalization and technology environment. If we look back at green revolution when agriculture and industry were starting to grow up, Technology was created to help human in their job. While human only has two hands, he couldn’t make more. This is the philosophy why technology was created. Technology has been playing many rules and important rules in all aspects. We need Technology. Sometimes, technology is described as a external factor, to help our hand, help our feed, help our mind to make more result in our job. When Adam and Eve worked as farmer, they need mattock, cow (to plow the farm) and irrigation. Mattock, cow and pipeline irrigation is technology. Cow is replaced by tractor; mattock is also replaced by tractor, ancient irrigation is replaced by modern pipeline irrigation and maybe lumber mill.
This is a stupid metropolis opinion, talking about Technology Vs Labor. Who get the benefits, Employee or employer?
To describe about technology and labor is very sensitive because labor without technology is meaningless and otherwise. The both still help each other. The point is how much percent technology is required and how we combine technology and labor percentage so we get lower Variable Cost (VC) Read more »
Tags: Company, Dillema, Eficiency, Labor, Labor Force, Labor Union, Technology, Variable Cost, VC
