opportunities and threats

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opportunities from new technology

There can be a opportunity of:

  • Greater efficency 
  • reduced costs
  • better quality control
  • shorter lead time
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Threats

  • The need of expenses and time consuming research to keep up to date
  • the threat to jobs- if more capital is used less need for labour
  • training to employees for using the new technology and and equipment
  • diffcult decsions to whether an investement should be made
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