Topic 2 - New And Emerging Technologies Flashcards
What happens in the late 1700’s in the industrial revolution
The emerging technology of steam power led to the industrial revelation which transformed industry.
1) Steam power
2) changes the way things were made
3) innovation in manufacturing equipment
4) products produced in factories
5) products made faster and more economically
What are some advantages of robots
- quick
- low product cost
- accurate
- produces products of high quality
- can produce large numbers of products
- CNC machines are adaptable
What are some disadvantages of robots
- expensive to set up
- break easily
- maintenance is high
- requires a specialist workforce
- can be costly if the system breaks down
What does automation use
Automation uses machines and robots to replace human operators to carry out repetitions tasks
What is enterprise based on
Enterprise is based on effective innovation
What is innovation made possible by
Innovation is offer made possible by new and emerging technologies
What does crowd funding do
Crowd funding raises money for a project by using the internet to get logs of people to contribute small amounts of money. This method of funding has been made possible by the development of the internet and social media
How does virtual marketing work
Virtual marketing uses social networks and websites to increase brand awareness by getting websites or users to pass in marketing messages to other websites and users. This increases the messages visibility and effect
What is show rooming
Where shoppers visit shops to look at a product before buying it online at a lower price
What are retailers trying to do
To adapt to trends such as showrooming, retailers are looking to give shoppers a retail world to explore in virtual reality by using developing technologies
What is a cooperative
A business owned and self managed by its workers
What is the role of worker owners in cooperatives
- work in the business
- govern it
- manage it
- set productive schedules
- determine working conditions
What do tech cooperatives provide
They provide technical support and consulting to other companies with communications and computer technology goods and services
What is fair trade and what does it aim to achieve
A movement created to help producers in developing countries. It aims to achieve fair and better trading conditions and opportunities that promote sustainability
How has social media helped fair trade
Social media has enabled the fair trade movement to connect with people directly, including those excluded from traditional marketing and adverting. It has encourage support
How is small scale car production being developed
Small scale car production is now being developed where all exterior body parts are 3D printed and assembled
What is technology push
Where new technology or materials are developed and designers take this as an opportunity to design new products. An example is the Apple iPad, mobile phones cameras
What is market pull
Where users want a product to be improved or redeveloped to meet their needs. An example is recycling bins, reusable carrier bags, hybrid cars and low energy light bulbs