ICT In Business Flashcards
1
Q
CAD advantages
A
- Designs are available in 3D
- Stress calculations can be performed
- Easily altered
- Easily stored/transferred
2
Q
CAD disadvantages
A
- It is expensive
- You need correct hardware
- You have to be trained
4
Q
CAM disadvantages
A
•It is expensive- as you need correct hardware and specific materials
5
Q
CAM Advantages
A
- Products are produced more quickly
- It is automatic so costs are reduced
- Better Quality- No human errors
6
Q
EFT
A
Payment from one account to another
7
Q
Shopping system advantages FOR CUSTOMERS
A
- Faster receipt of goods or services- no wait for cheques and posts to clear
- quicker to enter card detail rather than send a check in the post
- If items cost over £100 them credit card company will take up on any complaints you have with the store
8
Q
Shopping system disadvantages FOR CUSTOMERS
A
- Payments are easy, so customers can make impulse purchases which they later regret
- There can be a danger with entering card details that they can fall into the wrong hands and be use fraudulently
- Not everyone has Internet or access to a computer
9
Q
Shopping System advantages TO STORES
A
- Payment is made immediately so cash flow is improved
- EFT can be integrated with accountancy systems, so fewer account staff are needed, this reduces business cost
- No wasted time with cheques that bounce
10
Q
Shopping system disadvantages TO STORES
A
- Stolen credit cards may be used to pay for products or services. The seller has to bear the cost of fraudulent transactions
- There needs to be procedures to ensure the security and privacy and customers date/ credit card details
- It is expensive to set up a payment system
11
Q
E-commerce
A
The selling of products and services using electronic systems
12
Q
E-commerce benefits
A
- it is available 24/7, so customers can shop at any time
- Low start up and running costs, you just need and Internet connection and something to sell
- Easily updated compared to printed materials
- Goods can be easily located using search facilities
13
Q
E-commerce drawbacks
A
- unemployment- more automation so less people are needed
- Lack of interaction with people compared to visiting stores
- Lack of exercise- no walking around the shops
- Security problems- people are worried about Id theft and credit details being used for fraud
14
Q
Requirements for CAD/CAM
A
Input devices- space mouse Processing- Speed of processor and memory Graphics card - 3D capable Screen Printers
15
Q
EPOS
A
Hardware and software needed to automate the checkout process
16
Q
EPOS advantages
A
- Les staff need- there’s no need to put the price on each item
- Less physical security needed as there’s not as much cash stored
- Allows ‘Just in time’ systems and better stock control
- Can monitor staff- check out performance
- automatic re-ordering
- company can attract customers by allowing additional services e.g. Cash back
