Shared Flashcard Set

Details

MIS
Chapter 9
22
Business
Undergraduate 2
05/04/2010

Additional Business Flashcards

 


 

Cards

Term
Enterprise Systems
Definition
Are IS that allow companies to integrate info across operations on a company-wide basis.
Term
Legacy Systems
Definition
Older systems that are either fast approaching or beyond the end of their useful life w/in the organization
Term
Business Process Management (BPM)
Definition
A systematic, structured improvement approach by all or part of an organization whereby people critically examine, rethink, and redesign business processes in order to achieve dramatic improvements in one or more performance measures, such as quality, cycle time, or cost.
Term
Custom Applications
Definition
Software programs that are designed and developed for a company's specific needs, as opposed to being bought off-the-shelf.
Term
Customer Relationship Management (CRM)
Definition
A corporate level strategy designed to create and maintain lasting relationships with customers by concentrating on the downstream info flows through the introduction of reliable systems, processes and procedures.
Term
Customization
Definition
Modifying software so that it better suits user needs.
Term
Distribution Portals
Definition
Enterprise portal that automates the business processes involved in selling or distributing products from a single supplier to multiple buyers.
Term
Downstream Information Flow
Definition
Info flow that relates to the info that is produced by a company and sent along to another organization, such as a distributor.
Term
Enterprise Portal
Definition
B2B marketplace that provides a single point of access to secured, proprietary info from an organization.
Term
Enterprise Resource Planning (ERP)
Definition
IS that integrate business activites across departmental boundaries, including planning, manufacturing, sales, amrketing and so on.
Term
Extensible Business Reporting Language (XBRL)
Definition
An XML-Based specification for publishing financial info.
Term
Extensible Markup Language (XML)
Definition
A data presentation standard that allows designers to create customized features that enable data to be more easily shared between applications and organizations.
Term
Packaged Applications
Definition
Software programs written by 3rd party vendors for the needs of many different users and organizations.
Term
Procurement Portals
Definition
Enterprise portals that automate the business involved in purchasing, or procuring, products between and single buyer and mulitple suppliers.
Term
Radio Frequency ID (RFID)
Definition
The use of the elecromagnetic energy to transmit info between a reader (tranceiver) and a processing device, used to replace bar codes and bar code readers.
Term
Sales Force Automation (SFA)
Definition
CRM systems to support the day-to-day sales activities of an organization.
Term
Supply Chain Management (SCM)
Definition
IS focusing on improving upstream info flows with 2 main objectives-to accelerate product development and to reduce costs associated with procuring raw materials, components, and services from suppliers.
Term
Trading Exchange
Definition
A Web site where multiple buyers and sellers come together to conduct business; also called an electronic marketplace.
Term
Upstream Information Flow
Definition
An info flow consisting of info received from another organization, such as from a supplier.
Term
Value System
Definition
A collection of interlocking company value chains.
Term
Vanilla Version
Definition
The features and modules that a packaged software system comes with out of the box.
Supporting users have an ad free experience!