Digital Strategy (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What two critical factors must businesses evaluate when considering new digital technology?
What two critical factors must businesses evaluate when considering new digital technology?
ROI and impact on operations
What risk do businesses face if they lose market share due to poor technology decisions?
What risk do businesses face if they lose market share due to poor technology decisions?
It can be difficult or impossible to recover
How do small upgrades to existing products help businesses?
How do small upgrades to existing products help businesses?
They help maintain competitive position
What problem can occur when new technology hasn't been thoroughly tested before use?
What problem can occur when new technology hasn't been thoroughly tested before use?
Products may contain bugs or fail to work
What three improvements can digital technology bring to production processes?
What three improvements can digital technology bring to production processes?
Better quality, increased capacity, efficiency
What happens to efficiency during the staff training period for new technology?
What happens to efficiency during the staff training period for new technology?
Efficiency decreases
How does 3D printing technology benefit product development?
How does 3D printing technology benefit product development?
Produces prototypes quickly and cheaply
What is data mining?
What is data mining?
Analyzing big data to identify trends
What advantage does e-commerce give manufacturers regarding sales?
What advantage does e-commerce give manufacturers regarding sales?
Sell directly to consumers
What does ERP stand for?
What does ERP stand for?
Enterprise Resource Planning