New and Emerging Technologies Flashcards
What are factories split into?
Shops; a pressing shop, an axle shop, a body shop, a paint shop, a plastics shop and a casting shop.
What is it called when robots are used to carry out repetitive tasks
Automation
Why are robots useful?
They create more job opportunities such as fixing them and programming, they ensure all products are identical, they can do this at high speeds with very high precision that make initial costs worthwhile.
What is the skill called where individuals or organisations look for business opportunities/ gaps in markets and take risks in order to make things happen?
Enterprise
What is it called when new ideas are brought to markets, and new inventions or developments are made.
Innovation
What is crowdfunding?
A method of funding by raising money from large numbers of people instead of getting money from institutions or a small number of wealthy people.
What is a future method of marketing where social networks and websites are used to increase brand awareness?
Virtual marketing and retailing
What is a co-operative?
A company business owned and self-managed by its workers.
Fair trade
A movement created to help producers in developing or low income countries to achieve fair and better trading conditions.
Sustainability
Meeting present-day demands and needs without compromising the needs of future generations.
Finite resources
A resource that does not renew itself quickly enough to meet the needs of future generations such as coil or oil.
Non-finite resources
Resources that can replenish quickly enough to meet present and future needs such as water or plant life.
Ecological footprint
The impact of a person or community on the environment; the amount of land needed to supply the natural resources they use.
Social footprint
The impact of a company or organisation has on people and communities
Landfill
Putting waste into the ground and burying it as a method of waste disposal. It causes pollution of the local environment, contamination of groundwater and soil, generates methane gas and smells rank.
Resource recovery
A process that recovers certain disposed materials for specific uses.
Energy recovery
Some disposed materials can be used to generate energy, this is called energy recovery.
Incineration
A waste treatment process that involves the burning of waste materials.