1.3.1 Product and service design and demand Flashcards

1
Q

What is the design mix?

A

Function
Cost
Aesthetics

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2
Q

In terms of function what would businesses do with the product?

A

Make sure i it convenient for customers and fit for purpose

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3
Q

In terms of aesthetics what would a business do with the product?

A

make sure the size, appearance, smell, and shape is taken into consideration and that they chose the best raw materials

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4
Q

In terms of cost what would a business do with the product?

A

should be able to produce and sell product at a profit

need to select materials and processes that reduce costs

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5
Q

Define resource depletion?

A

the using up of raw materials

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6
Q

2 designs that businesses may use for waste minimisation?

A

products that use lots of energy should be more durable

products should be designed smaller and lighter to cut down materials

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7
Q

2 designs that businesses may use for recycling?

A

use recycling materials

make use of waste discarded by other firms

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8
Q

3 benefits of adapting product designs to go with social trends?

A

lower costs and higher profits
more likely to be popular
can gain USP to market product

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9
Q

What is a demand curve?

A

line drawn on graph showing how much a good will be bought at different prices

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10
Q

5 factors influencing a change in demand?

A
prices of substitutes 
tastes and preferences
demographics 
seasonality 
changes in consumer incomes
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