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Information Systems Romney Ch 1
Those not included in other AIS CH 1 flashcards
19
Accounting
Undergraduate 4
01/30/2010

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Term
Integration
Definition
Eliminating duplicate recording, storage, reporting, and other processing activities in an organization
Term
Systems concept
Definition
A system analysis principle that states that changes in subsystems cannot be made without considering the effect on other subsystems and the system as a whole
Term
Information
Definition
Data that have been organized and processed to provide meaning to a user. information can be classified as mandatory, essential, or discretionary.
Term
Information Overload
Definition
The state in which additional information cannot be used efficiently and has no marginal value.
Term
Value of Information
Definition
the benefit produced by the information minus the cost of producing it
Term
Mandatory information
Definition
Information required by a governmental entity (such as a report to the IRS on taxable income and withholdings). Contrast with essential and discretionary information.
Term
essential Information
Definition
Information required to conduct business with external parties (such as purchase orders and customers billings). Contrast with mandatory and discretionary information.
Term
Discretionary information
Definition
Information that is available online to certain internal users
Term
Inbound logistics
Definition
consists of receiving, storing, and distributing the materials an organization uses to create the services and products it sells. For example, receiving, handling, and storing steel, glass, and rubber are some of the inbound logistics activities of an automobile manufacturer
Term
Operations
Definition
Activities transform inputs into final products or services to customers. For example, assembly-line activities at an automobile manufacturer convert raw materials into a finished car.
Term
Outbound logistics
Definition
Activities distribute finished products or services to customers. For example, shipping automobiles to car dealers is an outbound logistics activity.
Term
Marketing and Sales
Definition
Activities help customers buy the organization's products or services. Advertising is an example of a marketing and sales activities.
Term
Service
Definition
Activities provide post-sale support to customers. examples include repair and maintenance
Term
Firm Infrastructure
Definition
Is the accounting, finance, legal, and general administration activities that allow an organization to function. The AIS is part of the firm infrastructure.
Term
Human resources
Definition
Activities include recruiting, hiring, training, and providing employee benefits and compensation.
Term
Technology
Definition
Activities improve a product or service. Examples include research and development, investments in a new information and technology, Web site development, and product design.
Term
Purchasing
Definition
activities procure raw materials, supplies, machinery, and the buildings used to carry out the primary activities
Term
Support Activities
Definition
Activities in the value chain that enable the primary activities to be performed efficiently and effectively. Examples include administration, purchasing, and human resources.
Term
predictive analysis
Definition
Uses data warehouses and complex algorithms to forecast future events, based on historical trends and calculated probabilities.
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