Shared Flashcard Set

Details

K321
Chap 10
40
Business
Undergraduate 4
11/30/2013

Additional Business Flashcards

 


 

Cards

Term
Artificial intelligence
Definition
the effort to develop computer-based systems that can behave like humans, with the ability to learn languages, accomplish physical tasks, use a perceptual apparatus, and emulate human expertise and decision making.
Term
Augmented reality
Definition
technology for enhancing visualization that provides a live view of a physical world environment whose elements are augmented by virtual computer-generated imagery.
Term
Balanced scorecard method
Definition
framework for operationalizing a firm's strategic plan by focusing on measurable financial, business process, customer, and learning and growth outcomes of firm performance.
Term
Business performance management (BPM)
Definition
systematically translate a firm's strategies (differentiation, low-cost producer, market share growth, and scope of operation) into operational targets.
Term
Case-based reasoning (CBR)
Definition
artificial intelligence technology that represents knowledge as a database of cases and solutions
Term
Choice
Definition
Simon's third stage of decision making, when the individual selects among the various solution alternatives.
Term
Data visualization
Definition
technology for helping users see patterns and relationships in large amounts of data by presenting the data in graphical form.
Term
Design
Definition
Simon's second stage of decision making, when the individual conceives of possible alternative solutions to a problem.
Term
Digital asset management systems
Definition
classify, store, and distribute digital objects such as photographs, graphic images, video, and audio content.
Term
Drill down
Definition
the ability to move from summary data to lower and lower levels of detail.
Term
Enterprise content management systems
Definition
help organizations manage structured and semistructuued knowledge, providing corporate repositories of documents, reports, presentations, and best practices and capabilities for collecting and organizing e-mail and graphic objects.
Term
Enterprise-wide knowledge management systems
Definition
general-purpose, firmwide systems that collect, store, distribute, and apply digital content and knowledge.
Term
Folksonomies
Definition
user-created taxonomies for classifying and sharing information
Term
Fuzzy logic
Definition
rule-based AI that tolerates imprecision by using nonspecific terms called membership functions to solve problems.
Term
Genetic algorithms
Definition
problem-solving methods that promote the evolution of solutions to specified problems using the model of living organisms adapting to their environment.
Term
Geographic information systems (GIS)
Definition
systems with software that can analyze and display data sing digitized maps to enhance planning and decision-making.
Term
Group decision-support systems (GDSS)
Definition
an interactive computer-based system to facilitate the solution to unstructured problems by a set of decision makers working together as a group.
Term
Implementation
Definition
Simon's final stage of decision-making, when the individual puts the decision into effect and reports on the progress of the solution.
Term
Intelligence
Definition
the first of Simon's four stages of decision making, when the individual collects information to identify problems occurring in the organization.
Term
Inference engine
Definition
the strategy used to search through the rule base in an expert system; can be forward or backward chaining.
Term
Intelligent agents
Definition
software programs that use a built-in or learned knowledge base to carry out specific, repetitive, and predictable tasks for an individual user, business process, or software application.
Term
Intelligent techniques
Definition
technologies that aid decision makers by capturing individual and collective knowledge, discovering patterns and behaviors in very large quantities of data, and generating solutions to problems that are too large and complex for human beings to solve on their own.
Term
Investment workstations
Definition
powerful desktop computers for financial specialists, which are optimized to access and manipulate massive amounts of financial data.
Term
Key performance indicators (KPIs)
Definition
measures proposed by senior management for understanding how well the firm is performing along specified dimensions.
Term
Knowledge base
Definition
model of human knowledge that is used by expert systems.
Term
Knowledge management
Definition
the set of processes developed in an organization to create, gather, store, maintain, and disseminate the firm's knowledge.
Term
Knowledge network systems
Definition
online directory for locating corporate experts in well-defined knowledge domains.
Term
Knowledge work systems (KWS)
Definition
information systems that aid knowledge workers in the creation and integration of new knowledge in the organization.
Term
Learning management system (LMS)
Definition
Tools for the management, delivery, tracking, and assessment of various types of employee learning.
Term
Neural networks
Definition
hardware or software that attempts to emulate the processing patterns of the biological brain.
Term
Pivot table
Definition
spreadsheet tool for reorganizing and summarizing two or more dimensions of data in a tabular form.
Term
Semistructured decisions
Definition
decisions in which only part of the problem has a clear-cut answer provided by an accepted procedure.
Term
Sensitivity analysis
Definition
models that ask "what-if" questions repeatedly to determine the impact of changes in one or more factors on the outcomes.
Term
Social bookmarking
Definition
capability for users to save their bookmarks to Web pages on a public Web site and tag these bookmarks with keywords to organize documents and share information with others.
Term
Structured decisions
Definition
decisions that are repetitive, routine, and have a definite procedure for handling them.
Term
Structured knowledge
Definition
knowledge in the form of structured documents and reports.
Term
Tacit knowledge
Definition
expertise and experience of organizational members that has not been formally documented.
Term
Unstructured decisions
Definition
nonroutine decisions in which the decision maker must provide judgment, evaluation, and insights into the problem definition; there is no agreed-upon procedure for making such decisions.
Term
Virtual reality systems
Definition
interactive graphics software and hardware that create computer-generated simulations that provide sensations that emulate real-world activities.
Term
Virtual Reality Modeling Language (VRML)
Definition
a set of specifications for interactive three-dimensional modeling on the World Wide Web.
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