BUSN Ch. 15 Managing Information & Technology Flashcards
What is Internet2?
A new high-tech Internet with access limited to a consortium of member organizations. I2 utilizes technologies that give it a speed and capacity far exceeding the current Internet.
What is an Intranet?
Private network that has the look and feel of the Web and is navigated using a Web browser but that limits access to a single firm’s employee’s.
What is an Extranet?
An intranet that allows limited access to a selected group of stakeholders, such as suppliers or customers.
What describes high-quality information? 5 things.
Accurate Relevant Timely Understandable Secure
What is cloud computing?
The use of internet-based storage capacity, processing power, and computer applications to supplement or replace internally owned information technology resources.
What is a firm’s advantages to using cloud computing?
Allows firms to gain storage, processing power, and software without investing heavily into IT resources.
Makes it easier for different organizations to collaborate b/c resources in the cloud are not tied to specific hardware or operating system.
What is the Internet?
A network of computer networks all operating under a common set of rules that allow them to communicate with one another.
What does ES stand for?
Expert System.
What is an Expert System?
A decision support system that helps managers make better decisions in an area where they lack expertise.
What does DSS stand for?
Decision Support System.
What is a Decision Support System?
Gives managers access to large amounts of data and the processing power to convert these data into high-quality information, thus improving the decision-making process.
