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demographic movement
the way in which the populations structure changes
countries losing people pros
fewer people to house and feed
extra income could be sent back home
less pressure for jobs
countries losing people cons
loss of young and more skilled people
families become divided
countries gaining people pros
labour shortages can be overcome
migrants often prepared to take lower paying jobs
adds cultural diversity
countries gaining people cons
language barriers
pressure on housing
benefits of introducing new tech
more efficient
decrease in human error
reduced costs
cons of introducing new tech
can cause unemployment
sustainability
the ability to meet needs of the present without compromising the ability of future
pollution
release of contaminating substances that can harm the environment
how can companies manage demand for natural resources?
developing new sustainable materials and replacing natural resources with them like biodegradable plastics
how can companies minimise waste?
Reducing no. of waste produced
reusing products that would otherwise become waste
recycling which allows it to be used more than once
Recovering waste generated
solutions of transport
changing to EVs
making fewer journeys
designing lighter products so more can fit in one
apprenticeship
a job with training that allows people to gain nationally recognised qualifications
remote working
when an employee completes work away from usual workplace due to advances in new technology
advantages of remote working
more flexible
work at own pace
get more work done
disadvantages of remote working
lack of routine
less workplace interactions
blurs work-life balance
security breaches
video conferencing pros
meetings can happen without leaving office
travel costs reduced
multiple locations
video conferencing cons
may not be as productive
documents may need to be signed in person
time zones
non-verbal info not picked up
standardized design pros
consistent safety
speeds up product development
cost saving
standardized design cons
hard to customise
bad quality
JITpros