Digital technology (AQA GCSE Business): Flashcards
📚Flashcards
Practise the cards
15 cards from this deck
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Practise the cards
15 cards from this deck
Digital technology definition
Digital technology definition
Computer-based tools, systems & devices to generate, store & process data
Devices used in digital communication
Devices used in digital communication
Smartphones, tablets, desktop computers, video conferencing
How customers benefit from digital tech
How customers benefit from digital tech
Online ordering, e-invoicing, digital payments, social media
Universal communication tool for all stakeholders
Universal communication tool for all stakeholders
Key advantage: cost & speed of digital comms
Key advantage: cost & speed of digital comms
Cheap to operate, messages transmitted quickly worldwide
Advantage: data storage benefit
Advantage: data storage benefit
Stored electronically, saves cost, backed up via cloud storage
Teleworking advantage for employers
Teleworking advantage for employers
Greater pool of applicants, less need for proximity to business
Disadvantage: message reliability issue
Disadvantage: message reliability issue
No guarantee messages received/accessed by intended recipient
Disadvantage: communication overload effect
Disadvantage: communication overload effect
High volume means important messages & emails may be lost or delayed
Disadvantage: work-life balance impact
Disadvantage: work-life balance impact
Employees expected to be available longer hours & on holiday
Digital impact on Organisation function
Digital impact on Organisation function
ICT, remote working, teleworking, reduced admin costs
Digital Finance example: supermarkets
Digital Finance example: supermarkets
Use weather prediction systems to adjust stock levels
Digital Production systems
Digital Production systems
CAD & CAM, automated stock control, quality monitoring
Marketing loyalty card examples
Marketing loyalty card examples
M&S Sparks (2015), Boots advantage card (2007)
Risk of ignoring digital technology
Risk of ignoring digital technology
Losing competitive advantage, obsolescence, potential failure