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2 cards from this section. Quick, good the night before a test.
What is meant by 'initial investment'?
Think about what it takes to start using new technology.
List one reason why high initial investments are a challenge for small companies.
Consider the financial size of companies.
What is a major challenge for small construction firms regarding robotics?
Think about financial limitations.
True or False: Initial investment includes ongoing maintenance costs.
Consider the definition of each term.
Analyze how small construction firms can overcome financial barriers to adopting robotics without having to take on significant debt.
Think about collaboration strategies.
Evaluate the impact of high initial investments on the competitiveness of small construction firms against larger firms in the robotics space.
Think about market dynamics and strategies small firms might adopt.
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