Shared Flashcard Set

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MIS
Management information systems, databases, information technology, hardware and software
31
Management
Undergraduate 1
12/05/2010

Additional Management Flashcards

 


 

Cards

Term
Define Business Intelligence
Definition
The applications and technologies used to gather, analyze, and provide access to data and information to support decision-making efforts
Term

What is MIS?

A) Process of using information technology to gather information

B)The application of information systems to solve business problems

C) People, Processes, and Information

D) All of the Above

 

Definition
B) The application of information systems to solve business problems
Term

What are two BENEFITS to Enterprise Resource Planning?

A) Increase inventory and reduce costs

B) Speed up manufatoring and increase costs

C) Integrate financial information and reduce inventory

D) None of the above

Definition
C) Integrage financial information and reduce inventory
Term
What are the four components of Supply Chain Management?
Definition

Supply Chain Strategy

Supply Chain Partners

Supply Chain Operations

Supply Chain logistics

Term

Which IS NOT an advantage of SCM?

 

A) Increase switching costs

B)Increase production

C) Decrease costs

D) Decrease buyer power

 

Definition
D) Decrease buyer power
Term

Which is a type of application software?

 

A)Mac OS

B)Microsoft Windows XP

C)Microsoft PowerPoint

D)Linux

Definition
C) Microsoft Powerpoint
Term

Which of the following IS NOT one of the principal BI enablers?

 

A) People

B)Corporate processes

C)Corporate culture

D)Technology

Definition
C) Corporate Culture
Term
How can a company determine its most valuable customers?
Definition

RFM

 

Recency

Frequency

Monetary Value

Term

What is the key word in ERP?

 

Definition
Enterprise
Term

Which is the most difficult to change for an organization?

 

A) Hardware

B) People

C) Software

D) Procedures

Definition
B) People
Term

Which answer has the three key resources for MIS in the correct order?

 

A) People, Information Technology, Information

B) Information, People, Information Technology

C) Information, Information Technology People

D) People, Information, Information Technology

Definition
D) People, Information, Information Technology
Term
What are the 5 common characteristics of quality information?
Definition

Accurateness

Completeness

Consistency

Uniqueness

Timeliness

Term

What refers to how well a system can adapt to increased demands?

 

A) Performance

B) Scalability

C) Redundancy

D) Timeliness

Definition
B) Scalability
Term

Which of the following represents the different information formats?

 

A)Detail, summary, aggregate

B) Individual, department, enterprise

C) Document, Spreadsheet, database, presentation

D) None of the above

Definition
C) Document, spreadsheet, database, presentation
Term

What is the Five Force Model?

 

Definition

Buyer power

Supplier power

Threat of substitute products/service

Rivalry among existing customers

Threat of new entrance

Term

What are the four Supply Chain Factors?

 

 

 

Definition

Speed

Competition

Visibility

Consumer behavior

Term

What is SDLC? (Systems Developement Life Cycle)

 

Definition
The overrall process for developing information systems
Term

What are the three project variables in any project?

 

A)Time, cost, expense

B)Time, cost, quality

C) Time, expense, requirements

D)Time, cost, scope

Definition
D) Time, cost, scope
Term
What is mobile commerce?
Definition
The ability to purchase gods and services through a wireless Internet device.
Term
What is an intelligent agent?
Definition
A special-purpose knowledge based information system that accomplishes specific tasks on behalf of its users.
Term
What is a sustaining technology?
Definition
A technology that is better, faster, or cheaper than a current technology
Term

What are the business models?

 

Definition

C2C-Consumer to Consumer

B2B-Business to Business

B2C-Business to Consumer

C2B-Consumer to Business

Term
What is personalization?
Definition
When a website can know enough about a person's likes and dislikes that it can fashion offers that are more likeley to appeal to that person.
Term
What are the 7 phases of the SDLC?
Definition

Planning

Analysis

Design

Development

Testing

Implementation

Maintenance

Term

What is using organizations from developing countries to write code and develop systems?

 

A)Insourcing

B)Outsourcing

C)Offshore outsourcing

D)Business process outsroucing

Definition
C)Offshore outsourcing
Term
Define pure play
Definition
An internet retailer that has no physical store.
Term
What are the three services provided by market makers for market participants?
Definition

A place to trade

Rules to govern trade

An infrastructure to support trading

Term

What is content managaement?

 

Definition
Provides tools to manage the creation, storage editing, and publication of information in a collaborative environment
Term
What is core competency and core competency strategy?
Definition
Core competency is a businesses key strength, something that it does better than its competitors. Core competency strategy focuses only on that key strength only
Term
What is the hardware, software, and telecommunications equipment that, when combined, provide the underlying foundation to support the organizations goal?
Definition
IT infrastructure
Term
What are the four methods to launch software
Definition

Plunge

Parallel

Pilot

Phase

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