Technology strategies Flashcards

1
Q

automated production line

A

involves machinery and equipment that are arranged in a sequence, and the product is developed as it proceeds through each step.
efficiency:
- automated production lines can perform at speeds much faster than humans reducing the amount to product outputs thus improving productivity
Effectiveness:
- automated production lines perform tasks with a high degree of accuracy which can decrease the number of errors and enhance quality which increases customer satisfaction.
Adv:
- improve business rep
- improving accuracy
- positively impact employee morale
Dis:
- poor reputation of employees become redundant
- May cause redundancy
- high initial set up cost

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Robotics

A

are programmable machines that are capable of performing specified tasks
. can complete. tasks with high levels of precision
Efficiency:
- robotics can perform specific tasks quickly with high levels of accuracy, reduces wastage
effectiveness:
- robotics can perform specified tasks quickly with high level of precision, reduces errors
Adv:
- improve business rep
- improve workplace safety
- performed faster than human labour
- can complete tasks for extended period of time
Dis:
- develop a poor reputation
- may cause employee redundancies
- high cost for setup

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Computer aided design

A

is a digital design software that aids the creation, modification and optimisation of a design
and design process
Efficiency:
- CAD can reduce the time and labour needed to design a product allowing resources to be used more optimally and productively
Effectiveness:
-a business can uses CAD to develop various prototypes and choose the best design to produce.
Adv:
- modifying design which fits the needs can attract more customers
- more innovative product
- can be created and modified faster
Dis:
- employees redundancy
- high initial set up cost
- costly to update
- expensive training costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Computer aided manufacturing techniques

A

use of software that controls and directs production processes by coordinating machinery and equipment through a computer
Efficiency:
- does not require machinery to be manually set up
- specific instruction
Effectiveness:
- high degree of accuracy
Adv:
-Improve business rep
- positively impact employee morale
- machine does not have to be manually reset by humans
- reduces labour expenses
Dis:
- makes numerous employees redundant
- compromise productivity
- initial high set up cost

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

artificial intelligence

A

involves using computerised systems to stimulate human intelligence and mimic human behaviour
Efficiency:
- AI can reduce the time and labour used to complete complete tasks this leads to productivity
Effectiveness:
- AI perform complete tasks such as providing timely and high quality customer satisfaction
Adv:
- 24/7 service increase customer satisfaction
- improve job satisfaction
- faster than humans
Dis:
- employee redundancy
- high initial set up cost
- costly to recalibrate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Online service

A

Are services that are provided via internet
Efficiency:
- can remove the need for employees to perform tasks
Effectiveness:
- improve customer convienence increasing customer satisfaction
Adv:
- Improve business reputation
- distinguish its product features
- job satisfaction
Dis:
- distrupt business operations
- deter customers
-process bookings time consuming

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly