what are the 2 types of computers used in manufacturing
CAD- computer aided design
CAM- computer aided manufacturing
what is clicks and bricks
having an online and physical presence
what type of technology is there to do with the internet
e- commerce (electron
m- commerce (mobile)
e- tailing (electronic retailing)
what are the pros of new technology (4)
more accurate/ less errors
efficient
reduced dependency on labour
innovation- improves R and D
cons of new technology (4)
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