F291 Social, Ethical and Technological quiz

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Give an example of a social influence
Population increase or decrease
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Give one example of what increased population can lead to ...
A larger pool of labour
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An increase in birthrate could specifically increase demand for ...
Baby products
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How does life expectancy influence businesses product range?
Who to aim products at, e.g. women live longer than men so there is space to aim products at elderly women
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Give 3 general examples of social influences
Gender, Location and Ethnicity
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How can immigration positively impact a business?
Brings new skills, culture, variety and more labour
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How can immigration negatively impact a business?
Having to require more training and the language barriers to communication
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What are Ethics?
A set of values and beliefs which influence how individuals, groups and society behave
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How does acting ethically differ to how a business may usually operate?
Businesses sometimes make decisions based on what it right for their stakeholders, by acting ethically they consider a whole range of views
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CAD, CAM and CIM are all types of technology. What does CIM stand for?
Computer intergrated manufacturing
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How do CAD, CAM and CIM benefit businesses?
Automated factories increase productivity in less time, less waste and gives business a competitive edge
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What is a benefit of Robotics?
They can work 24 hours a day doing boring jobs which may demotivate humans
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What is a problem with Robotics?
If they break down it is harder to carry on unlike replacing staff
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Give one argument to why Technology is good for businesses
Jobs should be less boring as repetitive jobs are taken by robotics
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Give one argument to why Technology is bad for businesses
May lead to redundancies of workers and staff may need more training to take on higher roles
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What are disadvantages of selling online?
Security risks, waiting time and only able to sell to those with interenet
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Give 3 examples of technology withing communication
Email, Phone Conferences and Video Conferences
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How does technology withing communication help?
Increases efficiency withing businesses as message is passed on quicker
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What does EPOS stand for and what is it used for?
Electronic Point Of Sale - Stock checking
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What is a problem with EPOS?
Manual stock check also needs to be done as theft occurs
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How does technology affect Products in marketing?
New technology means new products are available and firms must keep up or go out of business
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Technology means businesses can only promote their products in a limited amount of places
False - wider variety of places to advertise due to technology e.g. youtube videos
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Other cards in this set

Card 2

Front

Give one example of what increased population can lead to ...

Back

A larger pool of labour

Card 3

Front

An increase in birthrate could specifically increase demand for ...

Back

Preview of the front of card 3

Card 4

Front

How does life expectancy influence businesses product range?

Back

Preview of the front of card 4

Card 5

Front

Give 3 general examples of social influences

Back

Preview of the front of card 5
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