Study

Technology chapter

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  • Give one cost of technology to a business.
    High capital costs / training / breakdown costs / redundancy costs / antivirus software.
  • Name one example of communication technology used in business.
    Emails, video conferencing, broadband, messaging.
  • Give one use of a website for a business.
    Promote products, sell online, provide information, 24/7 access.
  • What is web analytics?
    Tracking and analysing website traffic and customer behaviour.
  • Give one cost and one benefit of buying new computers.
    Cost: Expensive to buy / training needed. Benefit: Faster work / increased efficiency / saves time.
  • Give one example of digital technology
    Smartphones / tablets / computers / apps.
  • What does ICT stand for?
    Information Communication Technology.
  • Name one way technology reduces business costs.
    Fewer employees needed / reduced marketing costs / cheaper communication / less need for premises / work-from-home.
  • What is a cost-benefit analysis?
    Listing the costs and benefits of technology to decide if it is worthwhile.
  • Give one reward of technology to a business
    Instant worldwide communication / faster decision-making / online sales / cloud computing / password protection.
  • Name one financial technology.
    Online banking / payroll software / Excel.