Summary
Summary What is new technology?
- Module
- New technology
- Institution
- WJEC
Summary of new technology and how it helps a business with many ways to approach implementing it.
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New technologyETAILING:
- Electronic retailing is the sale of goods and services through the
internet. E-tailing can include B2B and B2C sales of products and
services
KEY ELEMENTS:
- The impact and changing use of ICT
- Using digital communication
- Using e-commerce
WHAT IS TECHNOLOGY?
- The applications of knowledge, skills, and techniques to improve
business performance
ASPECTS OF MODERN BUSINESS TECHNOLOGY:
- Changing use of ICT
Business use of ICT has expanded massively in the last 30 years.
This use had expanded the word processing and data storage to
production, marketing, and human resources applications
Has allowed businesses to reduce costs and improve quality,
efficiency, and competitiveness
- Sales/costs
- E-commerce
- Digital communication
- Digital technology
CHANGING USE OF ICT:
- Business use of ICT has expanded massively in the last 30 years.
This use had expanded the word processing and data storage to
production, marketing, and human resources applications
Has allowed businesses to reduce costs and improve quality,
efficiency, and competitiveness
There are costs in purchasing technology and training staff to use
it. Its use may result in redundancies
Just eat PLC, starting to test robot delivery vehicles
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