Technological

Technology is causing the nature of production and services to change, and new jobs to be created, while others are made redundant. Many businesses are re-engineering and restructuring as networks, often offshore, make increasing use of ‘virtual teams’ using video technology. A suite of electronic communications options allow firms to operate ‘anywhere, anytime’ and to harness staff through telecommuting. This has provided a major opportunity for businesses to access employees at home, increasingly those in developing nations who would otherwise be disadvantaged through traffic congestion or distance from the business office.

2020

(c) Explain how technological influences and globalisation can lead to a company reducing staff numbers. Support your answer with relevant examples. 4 marks