Effects Of Technology On Society Flashcards
Benefits to a developing country of a multinational company
Increased opportunities
Increased training
Increased standard of living
Local infrastructure improved
Widens hosts economic base/brings in foreign currency
Increased technological development
Advantages to multinational company of moving to developing countries
Cheaper labour/reduced production costs/increased profits
Less stringent legislation/company’s cut corners
Company gain political influence/ensure laws remain to their advantage
Advantages to the manufacturer of built in obsolescence
Outdated
Continued sales
Customers want latest
Predetermined life span
Manufacturers have more control
Less money in stock
Fewer spares
Fewer repairs
Cheaper parts
Warranties given with confidence
Advantages to the consumer of built in obsolescence
Manufacturers make the best/latest
Up to date
Competition between companies
Wider choice
Innovative designs
Second hand market
Innovative smart materials
Shape memory alloy/braces/glasses frames
Thermochromic materials/thermometers/kettles
Smart glass/welding masks
