Chapter 21, Environmental and Technological factors and external factors and influence Flashcards

1
Q

Advantages of technological change

A
  • increase in employment by increasing demand for a product
  • new training can motivate the workforce
  • the change means improved efficiency
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2
Q

Disadvantages of technological change

A
  • unemployment
  • training costs
  • movement of employees may be unsettling
  • new specialisation of skills
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3
Q

Advantages of using computer software

A
  • systems are faster
  • storage is easier and costs are reduced
  • faster Communication
  • modern banking
  • increased availability of knowledge
  • off-site working
  • click and collect
  • contactless
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4
Q

Disadvantages of using computer software

A
  • training costs
  • the public can be resistant to change
  • system failure can be damaging
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5
Q

Obsolescence

A

existing capital equipment is replaced by new developments in technology; for example, the replacement of a typewriter by the word processor

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6
Q

Negative externality

A

a cost that arises out of production or consumption which is not paid for by the producer or consumer, e.g. pollution congestion or litter

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7
Q

Types of Pollution

A
  • Air Pollution
  • Noise Pollution
  • River or sea pollution
  • Land Pollution
  • congestion
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8
Q

Sustainability

A

the endurance of systems and processes. it particularly to preventing a negative impact from economics systems and production on the earth and its environment

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9
Q

Government Environment measures

A
  • climate change levy
  • Carbon trust Standard
  • Congestion charges
  • Alternative sources of energy
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