FIS - midterm Flashcards

(135 cards)

1
Q

Why Learn About Information Systems?

A
  • used in almost every profession
  • Entrepreneurs & small business — reach customers
  • Sales Rep. — advertise products
  • Managers — make multimillion-dollar decision
  • Financial Managers — advise clients to help them save
  • Business — perform accounting & financial operations
  • first job, earn promotion, & advance your career
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2
Q
  • A set of interrelated components that collect, manipulate, store, and disseminate data and information and provide a feedback mechanism to meet an objective.
  • It is the feedback mechanism that helps organizations achieve their goals, such as increasing profits or improving customer service.
A

Information System (IS)

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3
Q

4 Everyday IS interaction

A
  • Using Automated Teller Machine (ATM).
  • Accessing information over the Internet.
  • Selecting information from kiosks with touch screens.
  • Scanning bar codes on purchases at self-lane check outs.
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4
Q

consists of raw facts, such as an employee number, total hours worked in a week, inventory part numbers, or sales orders.

A

DATA

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5
Q

4 Representation of Data

A
  • Alphanumeric data - Numbers, letters and other characters.
  • Image data - Graphic images and pictures.
  • Audio data - Sound, noise or tones.
  • Video data - Moving images or pictures.
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6
Q
  • Defining and organizing relationships among data creates information.
  • A collection of facts organized in such a way that they have additional value beyond the value of the individual facts.
  • The process of defining relationships among data to create useful information requires knowledge.
  • Turning data into information is a process – a set of logically related tasks performed to achieve a defined outcome.
A

INFORMATION

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7
Q
  • Having it means understanding relationships in information.
  • A set of information and ways that information can be made useful to support a specific task or reach a decision.
A

KNOWLEDGE

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8
Q

a data made more useful through the application of knowledge.

A

Information

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9
Q

These are the people who create, use, and disseminate knowledge, and are usually professionals in science, engineering, business, and other areas.

A

Knowledge Workers (KWs)

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10
Q

An organized collection of people, procedures, software, databases, and devices used to create, store, and use the organization’s knowledge and experience.

A

Knowledge Management System (KMS)

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11
Q

What are the Characteristics of a VALUABLE Information?

A
  1. Accessible (but use available instead)
  2. Accurate
  3. Complete
  4. Economical
  5. Flexible
  6. Relevant
  7. Reliable
  8. Secure
  9. Simple
  10. Timely
  11. Verifiable
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12
Q

obtain info in the right format at the right time

A

Accessible/Available

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13
Q

error free info (GIGO - unaccurate data)

A

Accurate

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14
Q

contains all important facts

A

Complete

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15
Q

balance the value of the info with the cost producing it

A

Economical

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16
Q

can be used for a variety of purposes

A

flexible

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17
Q

important to the decision maker

A

Relevant

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18
Q

can be trusted by users (w/ trusted source)

A

Reliable

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19
Q

free from unauthorized users

A

Secure

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20
Q

not overly complex

A

simple

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21
Q

delivered when its needed

A

timely

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22
Q

can check it to make sure its correct

A

verifiable

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23
Q
  • The value of information is directly linked to how it helps decision makers achieve their organization’s goals.
  • Valuable information can help people and their organizations perform tasks more efficiently and effectively.
A

value of information

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24
Q

Efficiency vs Effectiveness

A

Efficiency
* compare systems
* doing things right
* save resources

Effectiveness
* measure of the extent
* computed by dividing goals
* doing the right thing
* DON'T save resources

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25
* the activity of `gathering and capturing raw data`. * In `producing paychecks`, for example, the number of hours every employee works must be collected before paychecks can be calculated or printed. * In a `university grading system`, instructors must submit student grades before a summary of grades for the semester or quarter can be compiled and sent to students.
**INPUT**
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* In information systems, it means `converting or transforming data into useful outputs`. * can involve making `calculations`, comparing data and taking alternative actions, and storing data making data into useful information * s `critical in business settings`.
**PROCESSING**
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* Iproducing useful information, usually in the form of `documents and reports`. * include `paychecks` for employees, `report`s for managers, and information supplied to stockholders, banks, government agencies, and other groups. * In some cases, output from one system can become input for another. For example, output from a system that processes sales orders can be used as input to a customer billing system.
**OUTPUT**
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* information from the system that is used to `make changes to input or processing activities`. * For example, errors or problems might make it necessary `to correct` input data or `change a process`. * Feedback is also important for `managers and decision`
**FEEDBACK**
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A single `set of hardware, software, databases, telecommunications, people, and procedures` that are configured to collect, manipulate, store, and process data into information.
**Computer-Based Information Systems (CBIS)**
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**CBIS COMPONENTS**
1. Hardware 1. Software 1. Databases 1. Telecommunications 1. People 1. Procedures
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* Consists of `computer equipment` used to perform input, processing, and output activities. * The trend in the computer industry is to produce smaller, faster, and more mobile hardware. * Input devices include keyboards, mice and other pointing devices, automatic scanning devices, and equipment that can read magnetic ink characters.
**Hardware**
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* Consists of the computer programs that `govern the operation of the computer`. * With software, people can work anytime at any place. * These programs allow a computer to process payroll, send bills to customers, and provide managers with information to increase profits, reduce costs, and provide better customer service.
**Software**
33
**Two (2) Types of Software**
* **System Software**: controls the `basic computer operations` including start-up and printing. e.g. Microsoft Windows Vista * **Application Software**: allows you to `accomplish specific tasks` including word processing or creating spreadsheets. e.g. Microsoft Office 2007
34
* A is an organized `collection of facts and information`, typically consisting of two or more related data files. * Most managers and executives consider a database to be `one of the most valuable` parts of a computer-based information system. * An organization’s database can contain `facts and information` on customers, employees, inventory, competitors’ sales and online purchases.
**Databases**
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is the `electronic transmission of signals` for communications, which enables organizations to carry out their processes and tasks through effective computer networks.
**Telecommunications**
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* People can be the `most important element` in most computer-based information systems. * They make the difference between `success` and `failure` for most organizations. * Information systems `personnel` include all the people who manage, run, program, and maintain the system.
**People**
37
* include the `strategies, policies, methods, and rules` for using the CBIS, including the operation, maintenance, and security of the computer. * **Good procedures** can help companies take advantage of new opportunities and avoid potential disasters. * **Poorly developed and inadequately implemented procedures**, however, can cause people to waste their time on useless rules or result in inadequate responses to disasters.
**Procedures**
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* are used in all functional areas and operating divisions of business.
**Information systems**
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**Information Systems in Business**
* **Finance and accounting** --- forecase revenues and business activity, perform audits * **Sales and marketing** --- develop new goods and services
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**Information Systems in Industry**
* **Airline industry** --- develps internet auction sites to offer discount fares and increase revenue * **Investment firms** --- analyze stocks, bonds, options, the future market, and other financial instruments * **Banks** --- make sound loans and good investments as well as to provide online check payment for account holders
41
formal collection of people and other resources to **accomplish a set of goals** a **system** that has input, processing, output and feedback it **constantly use money, people, material**s, machines and other equipment
**Organization**
42
**`For-profit` vs. `Non-profit` Org**
**For-profit** - maximize shareholder value, price of the company stock (`has income`) **Nonprofit** - social groups, religous groups, universities (`no income`)
43
support and work within all parts of an org'al process org use this to **cut cost** and **increase profits**
**Information Systems**
44
focuses on outperforming others, often aiming to be the best.
**Competitive**
45
focuses on efficiency and effectiveness, aiming to accomplish goals successfully.
**Productive**
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a series (chain) of act * inbound logistics * warehouse & storage * production * finished product storage * outbound logistic * marketing and sales * customer service
**value chain**
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helps determine the ff: * supplies * quantities * how should it be processed * shipment
**Supply Chain Management**
48
Help a company manage all aspects of customer **encounters**, including: 1. Marketing and advertising, 2. Sales, 3. Customer service after the sale, and 4. Programs to retain loyal customers. - help get customer data/feedback
**Customer Relationship Management**
49
* Refers to organizational `sub-units` and the way they relate to the overall organization. * An organization’s structure depends on its `goals` and `approach` to management, and can affect how it views and uses information systems. * The types of organizational structures typically include `traditional, project, team,` and `virtual`.
**Organizational Structure**
50
* Also called as a “`hierarchica`l” structure. * It is like a `managerial pyramid` where the hierarchy of decision making and authority flows from the strategic management at the `top down` to operational management and non-management employees.
**Traditional Organizational Structure**
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* Includes the `president` of the company and `vice presidents`. * They have the `highest degree of decision` authority and has the most impact on corporate goals.
**Strategic Level**
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* Includes the `major department heads`. * Usually `divided according to function` and can include marketing, production, information systems, finance and accounting, research and development, and so on.
**Tactical Level**
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* Known as the **“`Line positions`”**. * These positions or `departments` are directly associated with making, packing, or shipping goods.
**Operational Level**
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* Known as the **“`Staff positions`”**. * These are positions that might `not be directly involved` with the formal chain of command but instead assist a department or area.
**NOn-Management Level**
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`Empowers` employees at lower levels to make decisions and solve problems without needing permission from midlevel managers.
**Flat Organizational Structure**
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* Centered on `major products` or services. * Project teams are `temporary`— when the project is complete, the members go on to new teams formed for another project.
**Project Organizational Structure**
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* Centered on `work teams` or `groups`. In some cases, these teams are small; in others, they are very large. * Typically, each team has a `leader` who reports to an upper-level manager. * Depending on its tasks, the team can be `temporary or permanent`.
**Team Organizational Structure**
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* Employs individuals, groups, or complete business units in `geographically dispersed areas` that can last for a few weeks or years, often requiring `telecommunications` or the `Internet` * .Allows work to be separated from location and time. * Work can be done `anywhere`, `anytime`.
**Virtual Organizational Structure**
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* People might never meet physically, which explains the use of the word `virtual`, and highlights the difference between virtual organizations and traditional ones that have operations in more than one location. * A Virtual organization is geographically distributed, and uses information technology to communicate and coordinate the work. * It can last for a `few weeks, months, years or decades`.
**Virtual Organizational Structure**
60
A ____________ is geographically distributed, and uses information technology to communicate and coordinate the work.
**Virtual organization**
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A set of major `understandings` and `assumptions` shared by a group, such as within an `ethnic group or a country`.
**Culture**
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Consists of the major understandings (common beliefs, values, and approaches to decision making) and assumptions for a `business`, `corporation`, or `other organization`.
**Organizational Culture**
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Deals with how for-profit and nonprofit organizations plan for, implement, and handle change.
**Organizational Change**
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**INTERNAL vs EXTERNAL CHANGE**
**Internal change** – factors initiated by `employees at all levels`. **External change**- activities created by `competitors, stockholders, federal and state laws`, community regulations, natural occurrences (such as hurricanes), and general economic conditions.
65
Can help an organization **improve** the supply of raw materials, the production process, and the products and services it offers.
**Sustaining Change**
66
Often `harms` an organization’s performance or even puts it out of business.
**Disruptive Change**
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**CHANGE MODEL** by Kurt Lewin and Edgar Schein
* **Unfreezing** - stopping old habits and creating a climate that is receptive to change. * **Moving** - learning new work methods, behaviors, and systems. * **Refreezing** - reinforcing changes to make the new process second nature, accepted, and part of the job.
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Involves the radical `redesign` of business processes, organizational structures, information systems, and values of the organization to achieve a `breakthrough` (advancement) in business results.
**Business Process Reengineering**
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* Constantly seek ways to `improve` business processes and `add value` to products and services. * This continual change will `increase` customer satisfaction and loyalty and ensure `ong-term` profitability.
**Continuous Improvement**
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A model that describes the factors leading to higher levels of acceptance and usage of technology.
**Technology Acceptance Model (TAM)**
71
**TECHNOLOGY `DIFFUSION` vs `INFUSION`**
* **T. Diffusion** - A measure of how widely technology is `spread throughout the organization`. * **T. Infusion** - The extent to which technology is `deeply integrated` into an `area or department`.
72
The ability of a product (including services) to meet or exceed customer expectations.
**Quality**
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* Involves contracting with `outside` professional services to meet specific business needs. * Organizations often outsource a process to focus more closely on their `core business`—and target limited resources to meet strategic goals.
**Outsourcing**
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* Involves `rapidly responding` to the organization’s flow of work as the need for computer resources varies. * Organization pays for `computing resources` from a computer or consulting company.
**On-demand Computing**
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* Instead of purchasing hardware, software, and database systems, the organization only pays a `fee` for the systems it needs at `peak times`. * It also allows the organization’s IS staff to concentrate on `more-strategic` issues.
**On-demand Computing**
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* Involves reducing the number of employees to `cut costs`. * Rather than pick a specific business process to downsize, companies usually look to downsize across the entire company. * Reduces total payroll costs, though employee morale can suffer.
**Downsizing**
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* Employers need to be open to alternatives for reducing the number of employees but use `layoffs` as the last resort. * It’s simpler to encourage people to leave `voluntarily` through early retirement or other incentives.
**Downsizing**
78
* A significant and (ideally) `long-term benefit` to a company over its competition, and can result in higher-quality products, better customer service, and lower costs. * Establishing and maintaining a competitive advantage is complex, but a company’s survival and prosperity depend on its success in doing so.
**Competitive Advantage**
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* To gain an advantage over competitors, companies constantly analyze how they use their resources and assets. * For example, a transportation company might decide to invest in radio-frequency technology to tag and trace products as they move from one location to another.
**Rivalry Among Existing Competitors**
80
When the threat of `new market` entrants is high, the desire to seek and maintain competitive advantage to dissuade / discourage new entrants is also usually high.
**Threat of New Entrants**
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* Companies that offer one type of goods or services are threatened by other companies that offer similar goods or services. * The more consumers can obtain `similar products` and services that satisfy their needs, the more likely firms are to try to establish competitive advantage.
**Threat of Substitute Products and Services**
82
* Large customers tend to influence a firm, and this influence can increase significantly if the customers can threaten to switch to rival companies. * When the bargaining power of suppliers is strong, companies need to improve their competitive advantage to maintain their bargaining position.
**Bargaining Power of Customers and Suppliers**
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* Deliver the `lowest possible cost` for products and services. * Achieved by `reducing the costs of raw materials` through aggressive negotiations with suppliers, becoming more efficient with production and manufacturing processes, and reducing warehousing and shipping costs.
**Cost Leadership**
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* Deliver `different products and services`. * This strategy can involve `producing a variety of products`, giving customers `more choices`, or delivering higher quality products and services.
**Differentiation**
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* Deliver to `only a small, niche market`. * **Porsche**, for example, doesn’t produce inexpensive station wagons or large sedans. It makes high-performance sports cars and SUVs. \ * **Rolex** only makes high-quality, expensive watches. It doesn’t make inexpensive, plastic watches.
**Niche strategy**
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* Introduce `new products` and services `periodically or frequently`. * If an organization does not introduce new products and services every few months, the company can quickly stagnate, lose market share, and decline.
**Creating New Products and Services**
87
Make real or perceived improvements to existing product lines and services.
**Improving Existing Product Lines and Services**
88
* A measure of the `output` achieved `divided by` the `input` required. * A higher level of output for a given level of input means greater productivity; a lower level of output for a given level of input means lower productivity.
**Productivity** Productivity = (Output / Input) × 100%
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This measure investigates the `additional profits or benefits` that are generated as a percentage of the investment in IS technology.
**Return on Investment (ROI)**
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The percentage of sales that a product or service has in relation to the total market.
**Market Share**
91
Bringing new products and services to customers in less time.
**Speed to Market**
92
The measurement of the `total cost of owning computer equipment`, including desktop computers, networks, and large computers.
**Total Cost of Ownership (TCO)**
93
It consists of any `machinery` (most of which uses digital circuits) that assists in the input, processing, storage, and output activities of an information system.
**Hardware**
94
These components include the `input devices, output devices, primary and secondary storage devices, and the central processing unit (CPU)`. The control unit, the arithmetic/logic unit (ALU), and the register storage areas constitute the CPU.
**Hardware Components**
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Part of the computer that consists of three associated elements: the `arithmetic/logic unit, the control unit, and the register areas`.
**Central Processing Unit (CPU)**
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Part of the CPU that `performs mathematical calculations` and makes logical comparisons.
**Arithmetic/logic unit (ALU)**
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Part of the CPU that `sequentially accesses program instructions, decodes them, and coordinates the flow of data` in and out of the ALU, the registers, primary storage, and even secondary storage and various output devices.
**Control unit**
98
The set of programs that coordinates the `activities and functions of the hardware` and other programs throughout the computer system.
**Systems Software**
99
The combination of a `hardware configuration` and `systems software` is known as a .
**computer system platform**
100
It has the `greatest` potential to affect processes that add value to a business because it is designed for `specific` organizational activities and functions.
**Application Software**
101
is an application that enables a `workgroup` to `schedule meeting`s and coordinate `activities`.
**Lotus Notes**
102
The sphere of influence that serves the `needs of an individual user`.
**Personal Sphere of Influence**
103
The software that enables users to `improve their personal effectiveness`, increasing the amount of work they can perform and enhancing its quality.
**Personal Productivity Software**
104
Personal computer and workstation operating systems
**Systems Software**
105
Word processing, spreadsheet, database, graphics
**Application Software**
106
`Two or more` people who work together to achieve a `common goal`.
**Workgroup**
107
The sphere of influence that `serves the needs of a workgroup`.
**Workgroup Sphere of Influence**
108
Network operating systems
**Systems Software**
109
Electronic mail, group scheduling, shared work, collaboration.
**Application Software**
110
The sphere of influence that serves the needs of the `firm` in its interaction with its environment.
**Enterprise Sphere of Influence**
111
Midrange computer and mainframe operating systems.
**Systems Software**
112
General ledger, order entry, payroll, human resources.
**Application Software**
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* A set of programs that `controls the computer hardware` and acts as an interface with applications. * It can control one or more computers, or they can allow `multiple users` to interact with one computer.
**Operating System (OS)**
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This system is commonly used in a `personal` computer or a `handheld` computer that allows `one user at a time`.
**Single computer with a single user**
115
This system is typical of larger, `mainframe` computers that can accommodate `hundreds or thousands of people`, all using the computer at the same time.
**Single computer with multiple users**
116
This system is typical of a `network` of computers, such as a home network with several computers attached or a large computer network with hundreds of computers attached `around the world`.
**Multiple computers**
117
This system is typical of a number of computers with `specialized functions`, such as those that control sophisticated military aircraft, the space shuttle, and some home appliances.
**Special-purpose computers**
118
* The `heart`of the operating system, which controls the `most critical` processes. * It ties all of the OS components together and regulates other programs.
**KERNEL**
119
**PERSONAL OS**
* Microsoft PC Operating Systems * Apple Computer Operating Systems * Linux
120
**WORKGROUP OS**
* Windows Server * Red Hat Linux * UNIX * Mac OS X Server * NetWare
121
**ENTERPRISE OS**
z/OS HP-UX and Linux
122
Help to perform `maintenance` or correct problems with a computer system. It also help computer systems `run better and longer` without problems. * merge and sort sets of data, * keep track of computer jobs being run, and * compress files of data before they are stored or transmitted over a network .
**Utility Programs**
123
**TYPES OF UTILITY PROGRAMS**
* Hardware Utilities * File-Compression Utilities * Spam and Pop-Up Blocker Utilities * Security Utilities * Network and Internet Utilities * Server and Mainframe Utilities
124
* A software that allows different systems to `communicate and exchange data`. * It can also be used as an `interface between the Internet and older legacy systems` (a previous, major version that continues to be used).
**Middleware**
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* `not` in the public domain. * cannot be used by the public.
**Proprietary Software**
126
can be purchased or acquired in a `store`.
**Off-the-Shelf Software**
127
A `defect` in a computer program that keeps it from performing as it is designed to perform. Some software bugs are obvious and cause the program to `terminate` unexpectedly. Other bugs are subtler and allow errors to creep into your work.
**Software Bugs**
128
Most software products are `protected by law` using copyright or licensing provisions. * In some cases, you are given `unlimited` use of software on `one or two` computers. * In other cases, you `pay for your usag`e—if you use the software more, you pay more.
**Copyrights and Licenses**
129
Permits you to install the software on one computer, or sometimes two computers, `used by one person`.
**Single-user license**
130
* `Specifies the number of users` allowed to use the software, and can be installed on each user’s computer. * For example, a 20-user license can be installed on 20 computers for 20 users.
**Multiuser license**
131
Designed for network-distributed software, this license allows `any number of users` to use the software, but `only a specific number of users to use it at the same time`.
**Concurrent-user license**
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Permits the software to be used `anywhere on a particular site`, such as a college campus, by everyone on the site.
**Site license**
133
* Is `freely available to anyone` in a form that can be easily modified. * Users can `download` the source code and `build` the software themselves, or the software developers can make executable versions available along with the source.
**Open-Source Software**
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Software that is `very inexpensive or free`, but whose source code `cannot be modified`.
**Shareware and Freeware**
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A software that is `not protected by copyright laws` and can be freely copied and used.
**Public Domain Software**