Products in society Flashcards

1
Q

what does enterprise involve

A

identifying new business opportunities and taking advantages of them

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2
Q

what is innovation

A

when an entrepreneur or business comes up with something new

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3
Q

what is crowdfunding

A
  • involves using websites to promote an idea to a large group of people
  • people can then choose to invest an amount of money to help fund the idea ( these are called backers)
  • Backers often get an award for their investment
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4
Q

what is marketing

A

the promotion of a product or service

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5
Q

what is virtual marketing

A

the promoting of a product or service using social media and moving a product/ service closer to the top of a page in search engine results

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6
Q

what is virtual retail

A

selling products or services on the internet

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7
Q

what is a co - operative

A

a type of business which is owned an ran by its members
- profits are shared out

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8
Q

what is fairtrade

A

something that aims to ensure that farmers are paid at a fair price

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9
Q

what is market pull

A

when designers take into account what customers want

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10
Q

examples of market push

A
  • changing fashion and social attitudes, as not every consumer wants the same thing
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11
Q

what is technology push

A

what manufacturers can provide

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12
Q

what does technology push involve

A
  • driving designs of new products or improving existing ones
  • using technology to make an existing product cheaper, better at its function, more efficient, or nicer looking
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13
Q

how does technology increase the no of jobs

A

workers are needed to do things like :
- design computers
- write programs for them to run
- design computer games
- maintain websites

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14
Q

technology designed to suit the disabled and elderly, what may these include

A
  • more accessible phones and apps
  • phones sold with large easy to read buttons that are easier to use for people with less mobile hands or poor sight
  • apps that enable devices to be controlled entirely by voice commands developed to assist people with physical disabilities
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15
Q

Why should religion be considered when designing product

A
  • misusing religious symbols could cause offence
  • eg if a religion does not permit alcohol, using it on the packaging of an alcoholic drink is likely to be offensive
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