New and Emerging Technologies Flashcards
What are the advantages of robot’s carrying out repetitive tasks in factories?
-produces products of a consistent high quality at a low product cost
-perform tasks with high speed and precision that make the initial cost worthwhile
What are the disadvantages of robots carrying out repetitive tasks in factories?
-expensive to set up
-require a specialist workforce and if the system breaks down it can be extremely costly
What did emerging technology enable in industry’s?
Enables products to be made faster and more economically in factories
What does a factory usually consist of ?
-buildings housing machinery where workers usually make goods or operate machines turning material into products
Where are modern factories tend to be located?
Located near to good road, rail or seaport links in order to get the raw materials in and transport the goods produced out
What do the shops in car manufacturing generally include?
-a pressing shop
-an axle shop
-a body shop
-a paint shop
-a plastics shop
-a casting shop
Why are press formers adaptable?
Because the die that does cutting can be changed to press different products
What different products can press formers make?
Wristwatch cases, stainless steel pans, knives and spoons, door handles and coins
Computers numerically controlled machines can also be adaptable, what are some cnc machines?
Lathes , milling machines, plasma cutters and water jet cutters
What a robot arms do ?
Many jobs on the production line by being provided with different tools
What tasks can robot arms include ?
Welding, spray painting,assembly tasks, pick place tasks, packaging and labelling and product inspection
What is enterprise?
A skill where individuals or organisations are prepared to show initiative and take risks in order to
How does new and emerging technologies help with innovation?
They allow products or processes to be developed in a completely new or improved way
What is crowdfunding?
A method of funding a project by raising money from large numbers of people
What are the different types of crowd funding?
-donations - where people give money because they believe in the cause
- equity-where money buys shares in the business
-debt- where the money is loaned and then paid back with interest added
What funding is made possible by the development of the internet and social media?
Crowd funding
What is virtual marketing?
Marketing techniques in which social networks and websites are used to increase brand awareness
How does virtual marketing increase brand awareness?
By getting websites or users to pass on marketing messages to other websites and users: increasing the messages visibility and effect
What challenge is the retail sector facing?
Adapting to trends such as showrooming where shoppers visit shops to examine a product before buying it online at a lower price which means consumers go elsewhere to make a purchase
What is a co operative business?
A business owned , governed and self managed by its workers
What do do operative have than conventional companies ?
Higher productivity although the difference is usually quite small
What do work owned co operatives provide to other companies?
Technical support and consulting with communications and computer technology goods and services
What is fair trade ?
A movement that aims to achieve fair and better trading conditions and opportunities that promote sustainability for developing countries
Why was fair trade created?
To help producers in developing countries
What does fair trade support?
It supports the payment of higher prices to exporters in developing countries to improve social and environmental standards
What products does fair trade mainly focus on ?
Products which are typically exported from developing countries to developed countries