PRODUCTION TECHNOLOGY

• What are some examples of technology in the secondary sector?

  • robots
  • computer aided design
  • computer numerically controlled machines
  • computer aided manufacturing
  • computer integrated manufacturing
• What is computer aided design (CAD)?

  the use of computers to design products
• What are computer numerically controlled machines (CNCs)?

  machines that carry out the instructions fed by computers
• What is computer aided manufacturing (CAM)?

  where computers link and control the design and production of goods in manufacturing
• What is computer integrated manufacturing (CIM)?

  the use of computers to control the entire production process
• What impact does new technology have on financial services in the tertiary sector?

  • transactions can be carried out online
  • ATM machines have become more common and can be used to withdraw cash
  • money can be transferred electronically from one account to the other from anywhere in the world
• What impact does new technology have on marketing in the tertiary sector?

  • the use of IT has made market research a lot easier
  • gathering, processing and presentation of market research data are cheaper using IT
  • data can be gathered online, making it more convenient for consumers to form an opinion on the business
• What impact does new technology have on advertising in the tertiary sector?

  • TV adverts use the latest film technology and special effects to make adverts more entertaining
  • the internet is used to promote products
  • many businesses have their own websites where information about products is posted and updated regularly
• What impact does new technology have on retailing in the tertiary sector?

  • in stores, goods are likely to be scanned into machines by cashiers or the consumers themselves
  • information from bar codes is recorded and used to generate a range of information
  • improves stock control and automatically orders new stock
  • total data gathered from customers purchases might be used for marketing purchases
• What impact does new technology have on the leisure industry in the tertiary sector?

  • technology allows people to travel without a ticket.
  • any kind of booking can be made online via the internet or telephone
• What impact does new technology have on e-commerce in the tertiary sector?

  • used to buy and sell products
  • business to consumers (B2C) involves selling goods and services buy businesses to consumers online
  • business to business (B2B) involves businesses selling to other businesses online
• What are the benefits of new technology?

  • new products provide more choice
  • higher productivity and lower costs
  • less waste of resources
  • improved health and safety
  • tasks are easier for workers
  • improved communications
• What are the costs of new technology?

  • high set-up and purchase costs
  • technology breakdowns are expensive to fix
  • job losses may cause conflict or stress
  • existing staff may need to be retrained
  • reduced motivation for machine workers
  • loss of flexibility