Economics

This chapter introduces the background information of SMEs in Korea. It highlights the problem of the statement of the study, aim and objectives. The chapter also provides the hypothesis of the study, the significance and the definition of terms.

Industrial robots have dramatically increased the scope for the replacement of human labor as compared to the machines of the past because they minimize the need for any human intervention.

The automatic image classifier is another AI system that makes it simpler for users to find photos showing specific individuals, specific posts, and places. This AI has been named by various experts...

Employee turnover in organizations has received attention in recent years from both academics and managers. A lot of emphases has focused more on trying to understand the main causes.

The rising concern over the impact of technology on manual jobs is not a recent phenomenon. Historically, the creative destruction process with regards to technological inventions has led to the creation...

In an effort to answer the issue brought forward in the research problem knowledge was attained about the robots or technology advancement and its impact on the manual jobs from various scientific books and articles...

In this sector the relationship between automation, employment and productivity are investigated through measurements based on the industrial robots. It is assumed that the effects of technological progress on employment...

It should be noted that even if the activity could become automated it does not necessarily mean that it can be because broader economic aspects are considered. The occupations of the auditing clerks, accountants, and bookkeepers...

Various industrial robots possess increased flexibility with regards to the orientation and positioning of an object that is being operated on or the overall tasks which are being performed.

Back in the 1950s, concerns had been raised about the implications that automation has on the manual workers and this led to a thorough evaluation of probable impacts of diffusion of the electronic computers as well as other changes.

Interestingly, the technological advancements have been predicted to reduce the jobs that are centered in the information sector whereby almost 65,000 workers will lose their jobs in the next decade.

The world budgeting is not mainly used to refer to a narrow planning and control sense; rather it is used as generic term for both control management and traditional command models.

The history of the American healthcare system has experienced some form of disarray. Despite the introduction of managed care, Americans have expressed fear that the costs of healthcare have continued to rise.

In the United States, the government creates, curates and maintains the free markets. The government is, therefore, responsible for financial regulation and intervention in the free market.

China is one of the most densely populated nations in the world. The country has continued to surprise many through its rapid growth making it one of the top countries contributing more to the Global GDP.

In Asia, South Korea is the fourth-largest economy in the ranking (Korea, 2010). South Korea hosts many world-class companies; the country uses advanced technology in goods and service production.

Employee relations entail the body of work tasked with ensuring a healthy employer-employee is maintained. The term was introduced to replace the term Industrial relations. On the other hand, Labor Unions are the bodies...

It was during the eve of 10th November 2001 when China opened its door to Economic reform. The policy was enacted by the world's most prominent leader - Deng Xiaoping.

The term Big government, as used in America, refers to the situation in which individuals are free to pursue their interests, establish their business opportunities as well as accumulate wealth.