In an involuntary termination, an employer fires the employee or removes the employee from his or her job. An involuntary termination is usually the result of an employer's dissatisfaction with an employee or an economic downturn.
While a higher minimum wage induces some automation, as well as increased worker productivity and higher prices, it simultaneously increases worker purchasing power. In the end, the costs of the minimum wage will be borne by turnover reductions, productivity increases and modest price increases.
Employees focus on one aspect of production, so labour is not usually highly-skilled. Batch production can also allow for the use of automation. Advantages . Since larger numbers are made, unit costs are lower. Offers the customer some variety and choice. Materials can be bought in bulk, so they are cheap. Disadvantages