New and emerging technologies Flashcards
what is automation
the process of using automatic equipment such as robots in the workplace instead of humans
advantages of automation
- robots can work faster then humans
- robots can be work with harmful things which humans cant
- robots work with higher accuracy and consistency
disadvantages of robots in automation
- robots may replace humans so there may be fewer jobs
- high initial costs/ expensive
- they cant carry out tasks that require human judgement
what is artificial intelligence
using computer systems to perform tasks that usually require human intelligence
what is smart technology
technology that uses a chip to store information
how is smart technology used in the workplace
they use data to organise tasks without any human input
what is crowdfunding
Involves advertising of a product online. If people think the product will be viable, they then donate money to the product as an investment opportunity. They are often rewarded with gifts, discounts etc if it is successful
what are the people who donate money to crowdfunds called
backers
what is virtual marketing
the promotion of products online
what is algorithm
a sequence of logical instructions for carrying out a task
what are cooperatives
a type of business that is owned and ran by its own memebers
what is fair trade
a trading partnership that ensures workers in developing countries are given suitable working conditions and are paid a fair wage
what are finite resources
resources that are non renewable and will eventually run out
examples of finite resources
Metals, plastics and fossil fuels (coal, natural gas and oil)
advantages of finite resources
easily accessible, cheap
what is an ecological footprint
an analytical measurement of the amount of global resources used
what are non finite resources
resources that are found naturally and can be replaced
examples of non finite resources
wood, cotton and renewable energy sources such as solar and wind
why are landfill sites harmful
they release harmful gases that pollute the surrounding air and soil
what is continuous improvement
the process of making small changes to improve the way a company works
advantages of continuous improvement
- improve speed and quality and save resources
- it encourages people to work together and give regular feedback
disadvantages of continuous improvement
it can encourage consumers to replace existing products, leading to old one being disposed of
- new products being made, transported etc can lead to increased usage of finite resources
what is efficient working
when companies work in an efficient manner
how can a company work more efficiently
- by increasing speed of production
- reducing errors and waste, can be done by using automation and CAD
- implementing quality control
what is quality control
a set of checks intended to ensure that a product will meet customers requirements after being manufactured
how can we stop products from causing pollution
- dispose of them correctly
- recycle them
what is global warming
the rise in average temperature of the Earth’s surface
how do more energy efficient products help stop global warming
The development of more efficient electrical products, such as low-energy light bulbs, and better building insulation has cut down on energy costs
what is technology push
when technology advances enough to invent or develop new products
how does technology push affect consumer choice
because people will be more likely to buy the newer and more developed products
examples of products developed due to technology push
smartphones
what is market pull
when product ideas are produced in response to market forces or customer needs
examples of market pull in products
cameras becoming smaller and more lightweight as a result of customer needs
why might technological advancements cause a change in jobs
the rapid changes in technology including automation, have meant theres now a decline in the need for traditional skills
what is virtual marketing
promoting a product or service on social media and moving it towards the top of the page in search engine results
what is a cooperative
a type of business which is owned and ran by its members
what is market pull
making a product which will satisfy the wants and needs of customers
what is technology push
using new technology to make an existing product more desirable
how can developments in technology open up new job opportunities
workers are needed to design computers, write programs for them to run and design computer games, maintain websites
