Technology Flashcards
(13 cards)
What is social media
The online interactions that allow people and businesses to communicate and share ideas, personal information, and information about products and services
What is technology
Any device that is an application of our scientific knowledge about the world that helps us complete a task or solve a problem
What is information technology
The equipment and techniques for managing and processing information
What is information
Data that has been processed into meaningful and useful information for specific purposes
What is data
Raw, unorganised facts that can be moved and stored
What are the 4 ways in which information technology transformed business and managerial decision-making
Automation and efficiency
Globalisation and Market Reach
Innovation and New business models
Competitive advantage and differentiation
What are the 2 risks of technology
Cybersecurity and risk management
Regulatory compliance and governance
What are the 6 positive effects of technology on our environment
Renewable energy
Energy efficiency
Environmental monitoring
Waste management
Precision agriculture
Conservation
What are the 6 negative effects of technology on our environment
Pollution
Resource depletion
Electronic waste
Climate change
Digital pollution
Loss of biodiversity
What are the 6 effects of technology on society
Communication and connectivity
Education
Work and employment
Healthcare
Entertainment and Leisure
Social interaction and relationships
What are the 3 technology challenges impacting business
Budget constraints
Stakeholder retention
People behind the technology
What are 3 concerns that come with AI
Biases in data
Responsibility
Ownership
What are the 3 ways to address AI concerns
Regulations
Healthy skepticism of AI outputs
Consumer control will be essential
