new technology Flashcards

(5 cards)

1
Q

what are the 2 types of computers used in manufacturing

A

CAD- computer aided design

CAM- computer aided manufacturing

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2
Q

what is clicks and bricks

A

having an online and physical presence

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3
Q

what type of technology is there to do with the internet

A

e- commerce (electron

m- commerce (mobile)

e- tailing (electronic retailing)

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4
Q

what are the pros of new technology (4)

A

more accurate/ less errors

efficient

reduced dependency on labour

innovation- improves R and D

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5
Q

cons of new technology (4)

A

high fixed costs at the start

faliure to to high dependency

high costs of retraining workers

redundancy (replacing human jobs) = ethical elements + loss of reputation

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