New and Emerging Technology Flashcards
What does ‘Market Pull’ mean?
When products are developed as a response to market sales.
Products are made because customers are asking for it.
What does ‘Technology Push’ mean?
New products are developed because new technology is made.
What new technology has improved the mobile phone?
Smaller batteries
development in materials
development in microelectronics
What does the ‘Products Life Cycle’ mean?
4 stages a product’s sales go through
from when the product is first put on the market to when the manufacturer stops producing the product
Name the 4 stages of a ‘products life cycle’
- Introduction
- Growth stage
- Maturity
- Decline
What happens during the ‘Growth Stage’?
the advertising starts working
and the sales increase
What happens during the ‘Decline’ Stage?
The sales go down so the company decides to stop making product or make a new product.
What does planned obsolescence mean?
Companies make products what won’t be useful after a while.
Why would companies want their products to stop being useful? (have short lives)
So that they can make new products with new and improved technology
How can companies improve the life cycle of a product?
make it cheaper
make new advertises
improve it
What is a vinyl cutter used for?
making graphic t shirt, for banners, for cars
What does JIT stand for
Just in Time
When the materials are ordered just in time for when they need it.
What is an advantage of JIT?
saves storage space
won’t have unsold stock
What does the BSI kite mark mean?
The product has been tested for safety and is okay to use
A product’s quality must meet 3 requirements in the Consumers Rights Act.
Names the 3 Requirements
- Satisfactory quality
- fit for purpose
- as described
