Flashcards in Technology/ R&D Deck (28):
What is technology in business?
The applications of practical, mechanical, electrical and related sciences to industry and commerce
Give 3 applications of robotics?
What 2 things can industrial robots be programmed to carry out?
What is CAM?
The use of computers to undertake activities such as planning, operating and controlling production (computer aided manufacture)
What can automation help with and how?
Stock control by enabling businesses to reorder stock automatically
What is CAD?
The use of computers to improve the design of products
What is CAD/CAM?
The approach that combines computer aided design and computer aided manufacture
Why is design technology good?
Makes it quicker and cheaper to bring out a new product
Why is automation good?
Makes it quicker to produce on a large scale
Why is communication technology good?
Helps people work together even if they live apart
Why are robotics useful?
Enables work to be done in conditions that are hazardous
Why is stock control useful?
Reduces the cash tied up in day to day operations
What is invention?
Creating a new item or finding new ways to bring an item into the marketplace
What is innovation?
Implementing new ideas, or changing processes to create more efficient ones
What are the 2 categories of innovation?
Product or service innovation
What is product innovation?
Launching a new or improved product onto the market
Give 2 benefits of product innovation?
Give 2 problems with product innovation?
Resources have to be committed by the business
What is process innovation?
Finding better or more efficient ways of producing existing products or services
What is research?
The inquiry into and discovery of new ideas
Give 4 ways of generating new ideas?
Evaluation of existing products
Brainstorming using discussion groups
What is development?
The process which changes ideas the result from the research process into commercially viable products or processes
Give the 4 benefits of research and development?
Launch new products gives a competitive edge
Reducing costs and improves image
Benefits consumers with more variety
Improves the working environment making it cleaner and safer
Give 2 disadvantages of development?
Time consuming and complex
Costly even when success is not guaranteed
What type of product development takes ages?
Give the 6 stages of the development of new products?
Development of ideas and solutions
Manufacture and launch
Why is R and D needed by most businesses?
Constant requirement for invention and innovation to keep up with competition and attract new customers