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Chapter 16 Digital Technology in an Organisation
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Name one reason tech companies locate in Ireland.
Skilled workforce / low corporation tax
Name one reward of technology in business.
Better communication / lower costs
What is capital expenditure?
Long-term spending on equipment
What is teleworking?
Working remotely using technology
What is mass production?
Continuous production of standard products
What is remarketing?
Advertising to previous website visitors
What is web analytics used for?
Tracking website activity
Name one social media platform businesses use.
Instagram / Facebook / Twitter
What is online banking used for?
Managing finances electronically
How does spreadsheet software help businesses?
Faster and more accurate calculations
What does CAM stand for?
Computer-Aided Manufacturing
What does CAD stand for?
Computer-Aided Design
Give one benefit of video conferencing.
Saves time and travel costs
What is email?
Electronic exchange of information
Name one area where technology is used in business.
Communications / finance / marketing
Give one example of software.
Apps
Give one example of hardware.
Computer / phone / tablet
Name the two parts of digital technology.
Hardware and software
What is digital technology?
Electronic tools that create and manage information
What is technology?
Knowledge used to make tasks easier