Midterm Review Flashcards
(47 cards)
Reducing costs with E-Business
E-Businesses operate 24 hours a day, 7 days a week. This availability directly reduces transaction costs, since consumers no longer have to spend a lot of time researching purchases or traveling great distances to make them. The faster delivery cycle for online sales helps strengthen customer relationships, improving customer satisfaction and ultimately sales.
Firewall
Hardware and/or software that guard a private network by analyzing incoming and outgoing information for the correct markings
Acceptable Use Policy (AUP)
A policy that a user must agree to follow to be provided access to corporate email, information systems, and the internet
Strategic business making
IDK
Benchmarks
Baseline values the system seeks to attain
E-Business
Includes commerce along with all activities related to internal and external business operations such as servicing customer accounts, collaborating with partners, and exchanging real-time information
Critical Success Factor
The crucial steps companies perform to achieve their goals and objectives and implement their strategies:
- Create high-quality products
- Retain competitive advantages
- Reduce product costs
- Increase customer satisfaction
- Hire and retain the best business professionals
Cloud computing
A model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction
MIS Business Consultants
IDK
Information Age
The present time, during which infinite quantities of facts are widely available to anyone who can use a computer
Competitive Intelligence
The process of gathering information about the competitive environment, including competitors’ plans, activities, and products, to improve a company’s ability to succeed
Confidentiality
The assurance that messages and information remain available only to those authorized to view them.
Data Analytics
IDK
Data Collection
IDK
Downtime
Refers to a period of time when a system is unavailable
Dynamic Scaling
Means that the MIS infrastructure can be automatically scaled up or down based on needed requirements
E-Waste
Refers to discarded, obsolete, or broken electronic devices
Moore’s Law
Refers to the computer chip performance per dollar doubling every 18 months
High availability
Occurs when a system is continuously operational at all times
Information Security
IDK
Security Policies
Identify the rules required to maintain information security, such as requiring users to log off before leaving for lunch or meetings never sharing passwords with anyone, and changing passwords every 30 days.
Key Performance Indicators (KPI)
Quantifiable metrics a company uses to evaluate progress towards critical success factors
Website Traffic
IDK
Business Environment
IDK
