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IS MIDTERM
IS
91
Business
Undergraduate 3
10/11/2011

Additional Business Flashcards

 


 

Cards

Term
3 interrelated changes in IS technology
Definition
1. emerging mobile digital platform
2. growth of online software as a service
3. growth in "cloud computing" where more and more business software runs over the internet
Term
change: mgmt adopts online collab and social networking software to improve coordination, collab, and knowledge sharing
business impact=?
Definition
google apps, microsoft share point etc used by over 100 million business professionals worldwide to support blogs, project mgmt etc
Term
information systems enable ____
Definition
globalization
Term
businesses improve the efficiency of their operations( or their ___ ___) by using information systems and technologies
Definition
operational excellence
Term
customer and supplier intimacy
Definition
knowing your suppliers well; the more you engage them the better they can provide vital inputs (aka it lowers costs)
ex: mandarin oriental recording customer room setting preferences
Term
red ocean vs blue ocean
Definition
red ocean: compete in existing market, beat competition, explicit existing demand, make the value-cost tradeoff

blue ocean:create uncontested market space, make competition irrelevant

Purple ocean: includes elements of both a red and blue ocean
Term
long tail strategy
Definition
catering to the underserved %, people who might not want what's current or most popular, "niche"
Term
survival
Definition
IS and technologies are necessities for doing business driven by industry-level changes
-provide capability to respond to challenges
Term
IT
Definition
all hardware/software a firm needs to use in order to achieve business objectives
Term
information system
Definition
a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization
-also help mgmt/workers analyze problems, visualize complex subjects and create new products
Term
information vs. data
Definition
info is data shaped into meaningful/useful form

data are streams of raw facts representing events occuring before arranged into a form that people can understand and use
Term
input
Definition
captures or collects raw data from within the organization or from its external environment
Term
processing
Definition
converts raw input into meaningful form
Term
output
Definition
transfers processed info to the people who will use it
Term
feedback
Definition
output that is returned to appropriate members of the org to help them evaluate or correct the input stage
Term
(MIS) mgmt info systems
Definition
deals with behavioral issues as well as technical issues surrounding development, use, and impact of info systems by mgmt/employees
Term
knowledge workers
Definition
engineers scientists or architects design products or services and create new knowledge for the firm
Term
data workers
Definition
such as secretaries, clerks, assist w/ scheduling and communications at all levels of the firm
Term
production or service workers
Definition
actually produce the product and deliver the service
Term
data mgmt technology
Definition
consists of the software governing the organization of data on physical storage media
Term
networking and telecommunications technology
Definition
consisting of both physical devices and software, links the various pieces of hardware and transfers data b/w physical locations
Term
network
Definition
links 2 or more resources to share data or resources
Term
world wide web
Definition
service provided by the internet that uses universal standards
Term
IT infrastructure
Definition
all the technologies, people, resources
-provides foundation for building specific IS's
Term
UPS CASE:
Definition
Term
2 key elements of communication
Definition
-availability of effective communication systems
-ability and skills of group members
Term
3 drivers of collaboration
Definition
-communication
-content mgmt
-workflow control
Term
ex's of collaboration software tools
Definition
google docs, windows live, mic. sharepoint
Term
synchronous communication
Definition
when all team members meet at the same time, face to face or conference calls
Term
FTP
Definition
file transfer protocol, technology used to get and put docs
Term
version mgmt
Definition
tracks changes to documents and provides features/functions to accomodate concurrent work
Term
version mgmt does NOT provide __ ___
Definition
version control
Term
version control
Definition
limits the actions that can be taken by any particular user
Term
bit
Definition
represents the smallest unit of data a computer can handle
Term
byte
Definition
a group of bits
Term
field
Definition
a grouping of characteristics into a word, a group of words, or a number such as a persons name or age
Term
record
Definition
a group of related fields
Term
file
Definition
a group of records of the same type
Term
database
Definition
a group of related files
Term
entity
Definition
something for which we store and maintain information
Term
program-data dependence
Definition
the coupling of data stored in files and specific programs required to update and maintain those files (changes in programs require changes in data)
Term
lack of flexibility
Definition
cannot respond to unanticipated information reqs in a timely manner
Term
database mgmt system (DBS)
Definition
software that permits an org to centralize data by application programs
Term
logical vs physical data
Definition
logical presents data as theyd be perceived by end users
physical shows data how theyre actually organized and structured on phys storage media
Term
relational DBMS
Definition
represent data as 2D tables called relations
Term
tuples
Definition
a record or a row
Term
object oriented DBMS
Definition
stores data and procedures that act on those data as objects that can be automatically retrieved and shared
Term
data definition
Definition
capability to specify structure of the content of the database
Term
SQL structured query language
Definition
most prominent data manipulation language (what you enter into your query design to manipulate the data)
Term
data administration
Definition
is responsible for the specific policies and procedures through which data can be managed as an organizational resource
Term
online marketing communications
Definition
methods used to communicate with consumer and create strong brand expectations
Term
promotional sales communications
Definition
suggest "buy now" and encourage immediate purchase
Term
branding communications
Definition
emphasize benfits
Term
ad targeting
Definition
sending the ad to specific sub groups in the population
Term
interstitial ad
Definition
a way of placing a full-page message btw
Term
interstitial ad
Definition
a way of placing a full-page message between the current and destination pages of a user
Term
superstitial as
Definition
rich media ad that is pre-loaded into a browser's cache and doesnt play until fully loaded and the user clicks to another page
Term
linear video ad
Definition
pre-roll;takeover;ad takes over video for a certain period of time, used before between or after video
-used with text, banners, rich media, video player skins
Term
non-linear video ad
Definition
overly;web bugs;ad runs at same time
-during over or within a video
Term
banner swapping
Definition
arrangements among firms allow each firm to have its banners displayed on other affiliate sites for no cost
Term
advertising exchanges
Definition
arrange for banner swapping among firms, usually small firms that cannot afford expensive ad networks
Term
advertising exchanges
Definition
arrange for banner swapping among firms, usually small firms that cannot afford expensive ad networks
Term
organic search v. paid inclusion
Definition
paid inclusion is when a website pays to be guaranteed in a list of search results
Term
keyword advertising
Definition
merchants purchase keywords through a bidding process and whenever a consumer searches for that word their ad shows up somewhere on the page
Term
click fraud
Definition
occurs when a competitor hires third party to fraudulently click on another competitors ads
Term
click fraud
Definition
occurs when a competitor hires third party to fraudulently click on another competitors ads
Term
sponsorship
Definition
paid effort to tie an advertisers name to particular information etc that reinforces its brand in a way that reinforces its brand in a positive yet not overly commercial manner
Term
affiliate relationship
Definition
permits a firm to place a logo, banner ad, or text link on another firms website from which users of that sire can click through to the originating site
Term
ad exchanges
Definition
online, real time auction where data aggregators sell personal tracking info to advertisers
Term
sponsorship
Definition
paid effort to tie an advertisers name to particular information etc that reinforces its brand in a way that reinforces its brand in a positive yet not overly commercial manner
Term
stickiness
Definition
avg length of time visitors remain at a site
Term
bounce back rate
Definition
measures percentage of emails that could not be delivered
Term
click through rate
Definition
measures percentage of email recipiants who clicked through to the offer
Term
cost per thousand
Definition
advertiser pays for impressions in 1,000-unit lots
Term
cost per click
Definition
advertiser pays prengotiated dee for each click an ad recieves
Term
cost per action
Definition
advertiser pays only for those users who perform a specific action
Term
search engine optimization
Definition
improving your websites rank in the organic listings (primary tool for driving sales)
-register site w/ search engines
-ensure keywords used in site description match keywords that will be searched
Term
metatag
Definition
an HTML tag containing a list of words describing the web site
Term
top factors in the credibility of web sites
Definition
-design look
-info design/structure
-information focus
-company motive
-info usefulness/accuracy
Term
5 IS components
Definition
data
people
software(programs and procedures)
hardware
network
Term
examples of bad primary keys
Definition
names, rates, and prices because they do not distinguish enough
-also bad if the the field doesn't exist in any other table
Term
10 principles of effective web design
Definition
1.dont make users think
2.dont squander user patience
3.manage to focus user attention
4.strive for feature exposure
5.make use of effective writing
6.simplistic
7.dont over clutter
8.communicate effectively w/ a "visible language"
9.conventions are our friends
10.test early, test often
Term
critical success factors
Definition
things the co must do well to make money/be successful
Term
value chain(value as experienced by customers)
Definition
inbound logistics-->operations-->outbound logistics-->marketing&sales-->service
-each is given a percentage of value weight
Term
the database hierarchy
Definition
-database
-file
-record
-field
-byte
-bit
Term
"many" in terms of relationship tables refers to...
Definition
a field having repeating data not the table having multiple primary keys
Term
under data standardization....validation rules are?
Definition
rules that work to standardize data structure formatting etc
Term
under data standardization...business rules are?
Definition
rules that enforce logical relationships accross entities, "each part can be provided by only one supplier" work to make sure the data you have is udesful
Term
click path analysis
Definition
you can see how people navigate through a site
Term
on page vs off page SEO
Definition
on page is how you control your page(keywords, titles, etc)
off page is things you do to promote your website outside the design of the website itself
Supporting users have an ad free experience!