E.P.O.S-Electronic Point of Sale - - A place where a transaction happens, like a checkout
EFTPOS- Electronic Funds Transaction at Point of Sale-- Using a credit card at a checkout
CNC-Computet Numerical Control -- Numbers programmed into a machine that give it the instructions to make something
Automation- In both the manufacturing and service industry, automation has been introduced. Machines are much cheaper than people because they do not need wages, breaks and can work longer. Also, they are much more accurate in what they do. Beyond initial set up costs, power and up keep machines are very cheap. The amount of people employed in these sectors dramatically decreased.
Globalisation-Technology allows the deployment of employees away from traditional local work place. For example, working from home or call centres in other countries. This has allowed work, most famously telecommunications, to be outsourced to countries that have greater specialisations or cheaper labour, increasing company efficiency.
Task 2
Excel-Calculate wages, expenditure and income instantly
Word-Type and edit long documents easierly
Secretaties and typists no longer had specialisations that were unique and the shorter time it took to do their job meant less people needed to be employed
Techies required to keep the computer system runnning
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