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Details

ITM201- Midterm Review
N/A
23
Business
Undergraduate 1
10/16/2012

Additional Business Flashcards

 


 

Cards

Term
reliability
Definition
The key to information systems
Term
return value
Definition
the main reason to invest in IS
Term
Moore's Law
Definition
states that the number of transistors per square inch on a chip doubles every 18 months
Term
the cost of storing data is essentially
Definition
zero
Term
value chain
Definition
primary-inbound logistics, operations, outbound logistics, sales and marketing, customer service
supporting-procurement
Term
five forces of model
Definition
bargaining power of suppliers and customers, competitive forces of existing rivals, new competitors, and substitutes
Term
Information
Definition
data does not need to be complex it just needs to be sufficient for the particular use of the reader
Term
Information from data
Definition
human perspective of data, knowledge does not derive from data, data is perceived along with human knowledge
Term
foreign key
Definition
a primary key from one table that describes a relationship within another table, like student number in email table
Term
primary key
Definition
the main row in a table that is unique to each row, like student number in a student table
Term
dynamic process
Definition
a process that does not necessarily use IS, like finding more customers on twitter
Term
structured process
Definition
a process that is easy to use with an IS, for example returning a purchase or keeping track of inventory
Term
ER diagram
Definition
different tables form a line and shows the relationships that are involved in the table, N;M or 1:N, cardinality is included
Term
Cardinality
Definition
max and min, how many relationships are involved
min: advisor can have no students
max: advisor has many
Term
ways to improve business processes
Definition
measures, objectives, implementing IS
Term
measures and metrics
Definition
able to find more efficient and effective ways if able to put a measure on something. Like using a GPS to cut down on the delivery time of pizza orders.
Term
other ways to improve
Definition
efficiency- finding a better way to do something, linkage-determining things that relate to one another to simplify a process, control- limits behavior in order to reduce variations and keep things consistent
Term
SOA
Definition
service: something that is frequently done, encapsulation: giving only the details the receiving user needs, hiding other information, standards: one united way of using things or else it would be confusing between information systems
Term
EAI
Definition
layers of software to help link information systems
Term
ERP
Definition
package of processes, procedures, a database, information system, and software
Term
Oracle, SAP, Infor
Definition
top 3 ERP vendors, SAP runs on oracle, oracle is expensive and useful for rich companies, SAP gold standard
Term
net neutrality
Definition
should companies have the right to restrict consumer access to competitor websites? charter can block netflix? debate
Term
cloud computing
Definition
using a pay as u go data storage unit known as the cloud, debate about privacy issues and ownership
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