1.3.1 Product and service design and demand Flashcards
What is the design mix?
Function
Cost
Aesthetics
In terms of function what would businesses do with the product?
Make sure i it convenient for customers and fit for purpose
In terms of aesthetics what would a business do with the product?
make sure the size, appearance, smell, and shape is taken into consideration and that they chose the best raw materials
In terms of cost what would a business do with the product?
should be able to produce and sell product at a profit
need to select materials and processes that reduce costs
Define resource depletion?
the using up of raw materials
2 designs that businesses may use for waste minimisation?
products that use lots of energy should be more durable
products should be designed smaller and lighter to cut down materials
2 designs that businesses may use for recycling?
use recycling materials
make use of waste discarded by other firms
3 benefits of adapting product designs to go with social trends?
lower costs and higher profits
more likely to be popular
can gain USP to market product
What is a demand curve?
line drawn on graph showing how much a good will be bought at different prices
5 factors influencing a change in demand?
prices of substitutes tastes and preferences demographics seasonality changes in consumer incomes