Technology And Environmental

Question 1

What are some examples of technology in business

Answer 1

Touch screen register
Work group chats
Apps
Online payroll systems
Drive through speaker

Question 2

What are some disadvantages of technology in business

Answer 2

Hard to use- cost of training employees to use , intimidating to some customers
High initial costs
Maintenance costs
Takes human jobs- no taxes to government lack of human interaction-impersonal

Question 3

Advantages of technology in business

Answer 3

Lower labour costs
More convenience for customers- add value
Less room for human error
Employees becoming mulitskilled can boost morale

New tech creates demand among consumers, therefore creating jobs as businesses grow

Question 4

Advantages of computer hardware and software

Answer 4

Systems are faster
Communication is easier
Workers don’t have to be in the office - able to work at home
New technologies like “click and collect” have made buying products easier for consumers

Question 5

What are the disadvantages of computer hardware and software

Answer 5

Money needs t be spent on effective training
The public might be resistant to change
System failure or breakdown may affect the whole business
High cost of data security

Question 6

What does negative externality

Answer 6

A cost that arises out of production or consumption which is not paid for by the producer or consumer- pollution , congestion , litter

Question 7

What are some different types of pollution

Answer 7

Air pollution - cars and industry
Sea and river pollution - industrial waste
land pollution- deforestation
Noise-airports
Congestion- vehicles

Question 8

Advantages of being environmentally positive for a business

Answer 8

Marketing- products can be marketed showing the businesses environmental
People- people are proud to be part of a environmentally sound business
Operations- energy and water saving practices reduce production costs

Question 9

What are some examples of technological issues and benefits in a business

Answer 9

Marketing - new tech makes it possible to introduce new products to the market- smart phones, vacuums

Financial- tech can speed up accounting practices and make it possible to store data electronically

People- new tech on production line can result in redundancy or need for restraining eg robotics on assembly lines

Operations- new tech improves productivity and makes businesses more efficient

Question 10

What are some opportunities for businesses that has arisen from the digital revolution

Answer 10

Cost saving as infomation has become readily available and accesses quickly

Range of infomation as increased as access to websites has grown

Market research can be carried out using larger sample as responses may be conducted online- more accurate research

Access to wider market of potential customers

Question 11

What are some disadvantages to businesses as a result of the digital revolution

Answer 11

Digital tech is changing and improving quickly- the cost to keep up with tech may be very expensive

Reviews may be used to give false reviews which damage a businesses reputation, bad publicity can travel quickly

More infomation- consumers can make informed choices, businesses need to be more competitive

Extra training for employees, more costs, customers may be unwilling to grasp new technology

Question 12

What is the governments sustainable development strategy

Answer 12

Reduction of vehicle excise duties for cars with low emissions

Increase in rate for the landfill tax

Tax allowances for industry which invests in environmentally friendly technology- good for businesses

Question 13

What are the disadvantages of not acting environmentally friendly

Answer 13

Being environmentally damaging may bring negative reputation from pressure groups

Eg, car manufacturers making smaller, more fuel efficient cars

Question 14

What are the impacts for a business of acting more environmentally friendly

Answer 14

Price of new products could be higher

Likely to be good reputation

Workers motivation may increase as they are working for an ethical business

Shareholders- happy if sales increase but not happy if there is a negative effect in sales and dividends

Question 15

What are some examples of a business acting more environmentally friendly in terms of marketing, financial, people and operations

Answer 15

Marketing- products can be marketing using their environmental friendliness- better rep

Financial- electronic data storage, decrease in cost of storage and paper use

People- workers motivation, loyalty and commitment increases

Operations- energy and water saving although initially high cost, reduces production costs in the long term