Chapter 1 - Definition of Terms Flashcards

1
Q

makes long-range strategic decisions about products
and services as well as ensures financial performance of the firm

A

Senior management

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2
Q

consists of the software governing the
organization of data on physical storage media

A

Data Management technology

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3
Q

It describes how a company produces, sells, and delivers product or services to create wealth.

A

Business Model

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4
Q

It consists of all the hardware
and software that a firm needs to use in order to achieve its business objectives.

A

Information technology

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5
Q

What are the major business functions?

A
  1. Finance and accounting
  2. Sales and marketing
  3. Human resources
  4. Manufacturing and production
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6
Q

engineers, scientists, or architects,
design products or services and create new knowledge for the firm

A

Knowledge worker

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7
Q

When business engage in its customer and supplier, they provide you better input and respond in buying more.

A

Customer and supplier intimacy

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8
Q

consists of the detailed, preprogrammed instructions
that control and coordinate the computer hardware components in an information system

A

Computer software

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9
Q

consisting of both
physical devices and software, links the various pieces of hardware and transfers data from one physical location to another.

A

Networking and telecommunication technology

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10
Q

links two or more computers to share data or resources,
such as a printer.

A

Network

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11
Q

The largest and the most widely use network.

A

Internet

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12
Q

It is a specialized task performed by business organization .

A

Business function

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13
Q

Internal corporate networks based
on Internet technology

A

Intranet

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14
Q

it
concentrates on changes in attitudes, management and organizational policy,
and behavior

A

Behavioral approach

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15
Q

Provide equipment for storing and processing information.

A

Computer

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16
Q

approach to information systems emphasizes mathematically based
models to study information systems, as well as the physical technology and formal capabilities of these systems. It includes the COMPUTER SCIENCE, MANAGEMENT SCIENCE, AND OPERATION RESEARCH.

A

Technical approach

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17
Q

is the **physical equipment used for input, processing,
and output **activities in an information system

A

Computer Hardware

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18
Q

emphasizes the development of models for decision-making and management practices.

A

Management science

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19
Q

What was the view adopted in the book

A

Socio technical view

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20
Q

Firms are investing in information system to achieve the six strategic business objectives where were the?

A
  1. Operational Excellence
  2. Customer-supplier intimacy
  3. Competitive Advantage
  4. Survival
  5. Better decision-making
  6. New product, services, and business model.
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21
Q

Growing interdependence between firm’s IS and its business capabilities.

continuously seek to improve the efficiency of their operation in order to achieve higher profitability.

A

Operation Excellence.

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22
Q

h focuses on mathematical techniques for optimizing selected parameters of organizations, such as
transportation, inventory control, and transaction costs.

A

Operation research

23
Q

data that have been shaped into a form that is
meaningful and useful to human beings.

A

Information

24
Q

converts this raw
input into a meaningful form

A

Processing

25
It refers to the set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated.
Business Processes
26
are** technical foundation, the tools and materials of modern information system.**
Electronic computer and related software program.
27
provides the foundation, or platform, on which the firm can build its specific information systems.
Information technology infrastructure
28
are those assets required to derive value from a primary investment
Complementary assets
29
Works takes place in global workshop
Space shifting
30
What are the key elements of ORGANIZATION?
People, structure, business processes, politics, and culture.
31
_____________ are accomplished through digital network spanning the entire organization or linking multiple organizations.
Core business processes
32
actually produce the product and deliver the service
Production or service workers
33
Are fundamental set of assumptions, values, and ways of doing things, that has been accepted by most of its members
Culture
34
is concerned with establishing theories of computability, methods of computation, and methods of efficient data storage and access.
Computer science
35
carries out the programs and plans of senior management
Middle Management
36
is a service provided by the Internet that uses universally accepted standards for storing, retrieving, formatting, and displaying information in a page format on the Internet
World wide web
37
transfers the processed information to the people who will use it or to the activities for which it will be used.
Output
38
broader understanding of information systems, which encompasses an understanding of the management and organizational dimensions of systems as well as the technical dimensions of systems
Information literacy
39
responsible for monitoring the daily activities of the business.
Operational Management
40
deals with behavioral issues as well as technical issues surrounding the development, use, and impact of information systems used by managers and employees in the firm.
Management Information system
41
Is defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization.
Information system
42
secretaries or clerks, assist with scheduling and communications.
Data workers
43
The investments in organization and management are also known as
Organization and management capital
44
focuses primarily on knowledge of information technology.
Computer literacy
45
captures or collects raw data from within the organization or from its external environment.
Input
46
Information system and technology have made it possible for managers to use real time data from the market place when making decisions.
Improve decision making
47
are streams of raw facts representing events occurring in organizations or the physical environment before they have been organized and arranged into a form that people can understand and use
Data
48
It is one in which nearly all of the organization’s significant business relationships with customers, suppliers, and employees are digitally enabled and mediated.
Digital Firm
49
Private intranets extended to authorized users outside the organization are called
Extranet
50
What are the changes in technology, management, and organization.
Technology 1. Emergence of Mobile Digital Platform. 2. Growth of online software as a service. 3. Growth of cloud computing. Management 1. Business Intelligence application. 2. Virtual meetings proliferate. 3. Managers adopt online collaboration and social networking software. Organization 1. Web 2.0 applications. 2. Telework gains momentum in the workplace. 3. Co-creation of business values
51
Intellectual properties, core competencies, and financial and human resources are managed through digital means.
Key corporate assets
52
which is output that is returned to appropriate members of the organization to help them evaluate or correct the input stage.
Feedback
53
Refers to the business being conducted 24/7.
Time shifting