Core Technical Principles

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Product Development

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25 Terms

1

Product Development

New ideas are constantly emerging, but transforming these concepts into successful products is challenging.

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2

Traditional funding

Borrow money from the bank

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3

Crowdfunding

Raise funds through online platforms

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4

Finite Resources

Widely used due to accessibility and benefits in manufacturing and energy production

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5

Non-Finite Resources

Naturally occurring and replenishable resources

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6

Reducing Errors

Minimising mistakes in the manufacturing process.

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7

Reducing Waste

Limiting the amount of materials and energy used.

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8

Automation

Using machines to perform tasks previously done by humans.

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9

Computer-aided Manufacture (CAM)

Using computer software to control manufacturing processes.

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10

Quality Control

Implementing checks to ensure products meet standards.

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11

Legislation

Laws and regulations to protect the environment.

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12

Microbeads

Tiny plastic particles banned from cosmetic products.

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13

Battery Disposal

Proper handling of hazardous waste.

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14

Government Incentives

Financial rewards for environmentally friendly practices.

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15

Environmental Impact

These gases contribute to air and land pollution, trapping heat in the atmosphere and causing global warming.

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16

Global Response

International efforts to reduce pollution and greenhouse gas emissions.

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17

Renewable Energy Focus

Shift towards cleaner energy sources like solar and wind power.

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18

Energy Efficiency

Improving product efficiency and building insulation to reduce energy consumption.

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19

Focus on Innovation

Companies aim to be first to market with new products.

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20

Retraining and Upskilling

Workers adapt to new technologies through training.

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21

Consumerism

Desire to own the latest products

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22

Media Influence

Subconscious impact of media on taste and style.

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23

Cultural Shift

Technology and media shaping societal values and behaviours.

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24

Global Culture

Increased interconnectedness leading to shared cultural elements.

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25

Digital Identity

Online presence influencing self-perception and social interaction.

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