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MIS 4153 -FINAL CHAPTER 12
Vocabulary
25
Management
Undergraduate 4
12/07/2009

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Term
24/7
Definition
The operation of a site or service 24 hours a day, seven days a week
Term
Application Specialist
Definition
The member of an electronic commerce team who is responsible for maintenance of software that performs a specific function, such as a catalog, payment processing, account, human resources, and logistic software.
Term
Call Center
Definition
A company that handles customer telephoe calls and emails for other companies.
Term
Capital Investment
Definition
a major outlaw of funds made by a company to puchase fixed assets such as property, a factory, or equipment.
Term
Capital Project
Definition
Synonymous with capital investment
Term
Change Management
Definition
The process of helping employees cope with changes in the workplace.
Term
Component Outsourcing
Definition
Synonymous with partical outsourcing; the outsourcing of the design, development, implementation, or operation of specific portions of an electroic commerce system.
Term
Content Creator
Definition
A person who writes orginial content for a web site.
Term
Content Editor
Definition
A person who purchases and adapts existing material for use on a web site.
Term
Database Administration
Definition
the function within an electronic commerce team that is responsible for defining the data elements in the database design and the operation of the database management software.
Term
Downstream strategies
Definition
Tactics that improve the value that a business provides to its customers.
Term
Early Outsourcing
Definition
The hiring of an external company to do initial electronic commerce site design and development. the external team then trains the orginial company's information systems professionals in the new technolgy, eventually handing over complete responsibility of the site to the internal team.
Term
Fast Venturing
Definition
The joining of an existing company that wants launch an electronic commece initiative with external equity partners and operational partners who provide the experience and skills needed to develop and scale up the project very rapidly.
Term
incubator
Definition
a company that offers start-up businesses a physical location with offices, accountingm and legal assistance, computers, and Intenet connections at a very low monthly cost.
Term
Late Outsourcing
Definition
The hiring of an external company to maintain an electronic commerce site that has been designed and developed b and internal information system team.
Term
metrics
Definition
measurements that companies use to assess the balue of site visitor activity
Term
network operations
Definition
web site staff whose responsibilities include load estimation and monitoring, resolving network problems as they arise, designing and implementing fault resistance technologies, and managing ant network operations that are outsourced to ISPs, CSPs, or telephome companies.
Term
opportunity cost
Definition
lost benefits from an action not taken
Term
outsourcing
Definition
the hiring of another company to perform design, implementation, or operational tasks for an information systems project.
Term
Partial Outsourcing
Definition
The Outsourcing of the design, development,implementation, or operation of specific portions of an elctronic commerce system.
Term
Postaudit review
Definition
A formal review of a project after it is up and running.
Term
Project Management
Definition
Formal Techniques for planning and controlling activities undertaken to achieve a specific goal.
Term
Return on Investment (ROI)
Definition
A method for evaluating the potential costs and benefits of a proposed capital investment.
Term
Total Cost of Ownership (TCO)
Definition
Business activity costs including the cost of hiring, training, and paying the personnel who wil design the Web Site, write or customize the software, create the content, and operate and maintain the site.
Term
Upstream Strategies
Definition
Tactics that focus on reducing coss or generating value by wokring with supplier's or inbound logistics.
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