New Technology Flashcards Preview

A-Level Business > New Technology > Flashcards

Flashcards in New Technology Deck (10)
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1
Q

E-tailing

A

The selling of goods on the Internet.

2
Q

M-commerce

A

Purchases made through mobile phones or similar devices.

3
Q

Types of new technology

A

Robotics
Computer modelling
Computer-aided design (CAD)
Computer-aided manufacturing (CAM)
Information technology (IT)

4
Q

Computer-aided design (CAD)

A

An interactive computer system that is capable of generating, storing and using computer graphics.

5
Q

Advantages of computer-aided design (CAD)

A

Reduces the time between the initial design concept and actual production
The quicker a business can get it’s product on the shelves, the more competitive it will be

6
Q

Computer-aided manufacturing (CAM)

A

The use of computers in production.

7
Q

Advantages of computer modelling

A

Allows businesses to use ‘what-if’ analysis
As a result allows them to perfect their products and continually improve efficiency of production

8
Q

Advantages of robotics

A

More accurate and more reliable than people

9
Q

Advantages of new technology

A

Improved quality
Increased productivity
Reduced waste and costs
Less dependency on labour

10
Q

Disadvantages of new technology

A

Expensive
Some workers likely to lose their jobs