quiz 1 Flashcards
(83 cards)
the speed of a computer doubles every 18 months
moores law
cost of data processing
essentially 0
Moore’s Law
the speed of data increases every 18 months
explosion of data
indicates that data created each year is more data than all data created in all past years
process
a way of doing something
information systems
a collection of components including but not limited to a computer that stores and retrieves data and helps produce information
information
meaningful insight that helps employees do their jobs
MIS
Management information system
is
information system
what is mis/is
creating monitoring and adapting processes, information systems, and information to help organizations achieve their strategies
4 non routine cognitive skills
Abstract reasoning, system thinking, collaboration, experiment
Abstract reasoning
ability to make and manipulate models that serve to solve problems understand complex systems and apply knowlage
system thinking
the ability to see the whole not just the parts
Collaboration
isnt about being nice also not about being mean working to achieve a goal
experiment
making a careful and reasoned analysis of an opportunity envisioning products and solutions
Goals and objectives
are determined by its competitive strategy
competitive strategy
determines the structure features and functions of every information systems
IT is never the goal
it is only the means IT does not produce or sell anything
Porters 5 forces
substitutes, new entrants, existing rivals, bargaining power of suppliers, bargaining power of customers
The 4 non-routine cognitive skills that are important for employees are
abstract reasoning, systems thinking, collaboration, experiment
Business process
is a sequence of activities for accomplishing a function
Activity
is a task within a business process
Business process documentation
Documentation is very important and is often overlooked/ skipped
BPMN Business process model and notation
start- activity-decision- repository- finish