7.7 - Technology Flashcards
1
Q
What are the different types of technology used in business?
A
- Information technology
- Machinery
- Internet
2
Q
Technological innovation can be split into what sections?
A
- Processes
- Products
- Communication
3
Q
Advantages of new technology:
A
- More efficient
- Less wastage
- Improve quality
- New products
- E-commerce
4
Q
Disadvantages of new technology:
A
- Cost
- Keeping up to date
- Choosing the right technology
5
Q
Influences on the extent to which technology impacts a business:
A
- Culture
- Size of business
- Activities
6
Q
What do businesses need to think about when thinking of implementing new technology?
A
- How will the workforce react?
- Financial implications
- Is it worth the problems it creates?