Technology in Business Flashcards

1️⃣ Familiarise yourself with the flashcards:

  • Look through all the flashcards to see what's on both sides.
  • Make sure you understand the information on each card. If something's unclear, click the link to the revision notes at the bottom of the page for more details.

2️⃣ Test yourself:

  • Look at the question or prompt on each card and try to remember the answer before flipping it over.
  • Check the answer and make a note of any cards you find challenging and need to go over more.

3️⃣ Consistently Review and Practice:

  • Use spaced repetition: spend more time on the cards you struggle with and go over them more often.
  • Regularly review all the flashcards to help you better understand and retain the information over time.

Note: We may include questions that have multiple correct answers. It's useful to remember specific examples to understand these concepts better.

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What is e-commerce in business?

Buying and selling goods or services on the internet.

Give one advantage of e-commerce to a small business.

It can reach more customers and sell all day, every day.

Give one drawback of e-commerce for a business.

It costs money to build and run a website and handle returns.

What is m-commerce?

Buying and selling using a mobile phone or tablet.

How can social media help a business promote products?

It lets a firm post ads and updates to target customers at low cost.

What is digital communication in business?

Using email, websites, apps or video calls to talk to customers, staff and suppliers.

Name one benefit of digital communication for customers.

They get quick replies and help at any time of day.

What are electronic payment systems?

Ways to pay by tech, like contactless, chip and PIN, or PayPal online.

How does contactless payment work?

Tap your card or phone on the reader; it checks and takes the payment.

How can technology lower business costs?

Online selling cuts shop costs, and digital systems save time and labour.

What is a cyber security risk for a business?

Hackers may steal data, so firms must keep systems safe.

What are the basic steps in an online order?

Add items to basket, pay securely, get a confirmation, then the order is picked, packed and sent.