how can new technology be used by busineses
-comupter aided manufacture (CAM)
- comupter aided design CAD)
- information technology
- robotics
explain information technology (IT)
-used by busineses to increase productivity. accounting software to analyse income/expenditure improving financial effeiciency, bar codes and EPOS (sale system) systems are used to manage stock
- internet allows business to meet geographical market , reduce adversiting costs and improe customer conveninece eg. data from browsing abd purchases allow for targeted marketing, abd social media marketing/phones for online shopping
explain computer-aided design (CAD)
explain computer-aided manaufacturer
explain robotics
advantages of a business using technology in the operations of a business
-improved quality. eg.robots and CAM processes
-faster innovation-easier and less expensive to model/test new products using CAD and computer modelling
-more effective marketing and sales- marketing new products encourages customer to keep buying
-increased productivity technology increases output per worker
-* reduced waste*-stock control though EPOS and more precise manufacturing means there should be less water in production meaning lower costs
disadvantages of using technology in the operations of a business