Unit 1 - New and Emerging Technology Flashcards

1
Q

benefit of new and emerging technology on industry.

A

Cutting costs to more efficient systems, decrease in human error

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2
Q

Describe the effect of new and emerging technology on unemployment.

A

Reduces the need for manual input so makes lower skilled workers redundant.

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3
Q

What is meant by the term workforce skill set?

A

An increasing need for employees to take responsibility for updating their skills following the introduction of new technologies.

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4
Q

How do Science and technology parks support new and emerging technologies?

A

Science and technology parks enable businesses to associate with a centre of knowledge.

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5
Q

What are privately owned businesses?

A

They tend to be small with limited sales, stock and workforce. The owner makes the strategic decisions.

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6
Q

What is government funding?

A

Government funding is available for new businesses that make the use of new and emerging technology to contribute to the overall economy.
Advantages can be lower rates, can gain a mentor/advisor.

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7
Q

What is a not for profit organisation?

A

An organisation reinvest the money they make in their chosen cause.

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8
Q

Solution to reduce transport costs.

A

Changing from diesel, Lorries to electric vehicles, designing products that are lighter, more compact packaging.

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9
Q

How can companies manage the demand on natural resources?

A

By developing new sustainable materials such as biodegradable materials

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10
Q

How does minimising waste with new technologies impact on products?

A

It makes products more sustainable and generates cost savings.

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11
Q

Examples of Assistive technology.

A

small devices such as pencil grips, larger lifting devices and all-terrain wheelchairs for people with disabilities.

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12
Q

What impact does new technology have on wage levels?

A

Companies may need to pay more to attract staff with specialist technological skills. Learning new skills can lead to higher wages, but as some previously high-paid jobs become automated, associated wages may fall.

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13
Q

Name positive impacts new technology has had on society.

A

Changes in working hours and shift patterns or the internet and mobile apps enable office workers to access systems at convenient times to them and their business. Or this maximises the labour available, increases productivity and improves morale.

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14
Q

Internet of Things (IOT)

A

The system of interrelated devices that are connected via the internet is called the Internet of Things. For example, a home’s heating or washing machine can be programmed remotely via an app.

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15
Q

The advantages of remote working to society.

A

can enable a more flexible work schedule or spend less time commuting

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16
Q

Advantages of video conferencing.

A

travel costs are reduced, meetings can be called instantly at multiple locations.

17
Q

The disadvantages of video conferencing.

A

confidential documents may need to be viewed and signed in person or there may be a high set up cost.

18
Q

What is demographic movement?

A

The way in which the population’s structure changes, for example as a result of an ageing community or migration into an area.

19
Q

What is crowd funding?

A

A method of raising funds from many people for an enterprise via online platforms

20
Q

What does the term sustainability mean?

A

The ability to meet the needs of the present without compromising the ability of future generations to meet their own needs.

21
Q

What is automation?

A

Using control systems to operate equipment. The advantages is it speeds up the process and allows for accuracy. Disadvantages are the impact on employment, and if anything goes wrong the whole production line stops.

22
Q

What is meant by the term culture?

A

The way a group of people behave, dress, eat and live their lives. Culture can be influenced by anything from religion, tradition and history to local food sources, climate and artistic expression.

23
Q

What is a standardised component?

A

The same components or modular systems are used across many designs.

24
Q

What are the advantages of standardised components?

A

Consistent safety and quality
• Speeds up product development as parts already exist
• Workforce can be easily trained to deal with standard components
• Cost saving

25
Q

What is Just in Time (JIT)?

A

Computerised stock control ensures that parts are only received when they are needed in the production process and go straight to the production site rather than being stored.

26
Q

What are the advantages of Just In Time (JIT)?

A

Can increase efficiency and reduce waste
Enables changes to production runs to meet demand
No need for storage

27
Q

What are the disadvantages of JIT?

A
  • Any break in the supply chain holds up production
  • Cost of more frequent deliveries
  • Fewer bulk-buying discounts
28
Q

What is Lean manufacture?

A

Reducing or eliminating waste in design, manufacturing, distribution and customer services.

29
Q

what are the advantages of One off production?

A

High quality products

30
Q

What are the advantages of batch production?

A

Could lower capital costs

• Reduces inventory/storage space

31
Q

What are the advantages of continuous or mass production?

A

• Removes the cost of stopping and starting
the production process
• Materials can be cheaper in high quantities