Technology: Leading Edge, Established (HSC SSCE Business Studies): Flashcards

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Technology: Leading Edge, Established
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Leading edge technology

Most advanced/innovative technology available at given time

Established technology

Widely adopted technology accepted as standard practice

Nanotechnology scale

Manipulating at nanoscale (~1M times smaller than pinhead)

CSL Ltd R&D team size

Over 1700 experts

Robo-advisors

Software using algorithms for personalised investment advice

POS systems purpose

Capture sales data & track stock in real-time

Robotics in operations

Handle repetitive, precise manufacturing tasks continuously

CAD stands for

Computer-Aided Design

Leading edge tech benefits

Faster production, higher quality, reduced waste, effectiveness

FMS (Flexible Manufacturing Systems)

Systems adapting quickly to produce different products

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