Shared Flashcard Set

Details

MIS Exam 1
MIS
126
Management
Undergraduate 3
02/11/2013

Additional Management Flashcards

 


 

Cards

Term
Four Information Revolutions
Definition

- Invention of writing in Mesopotamia (3000 to 4000 bc)

- Invention of the written book in China (1300 bc) and Greece (500 bc)

- Gutenberg's invention of the printing press and movable type (1450)

- Invention of digital networked computers (1950)

Term

Revolutionary Nature of the Web

 

Definition

C - connectivity

H - Hypertext Interactivity

A - Architecturally Open

N - New Media Capabilities

G - Graphical User Interface (GUI)

E - Ease of Application Development

Term

Functional Convergence:

"Electronic Document Interchange"

 

Definition
XML, XBRL, eBXML, Electronic Funds Transfer, Traditional EDI, ELectronic Markets
Term

Functiional Convergence:

Central Information Repository

Definition
Data warehouse/BI, Information Sharing, Collaborative Work, Intranets, Extranets
Term

Functional Convergence:

Electronic Messaging

Definition
Email, Texting, Web 2.0 mobile apps, Instant messaging, texting
Term

Functional Convergence:

Electronic Publishing

Definition
Supply chain coordination, marketing, advertising, sales, customer support, media management
Term

Pervasive Digitization

 

Definition
The idea that most data is now being put into digital form (new information services, enhanced products, mashups, open source collaboration, device convergence, virtual social environments)
Term
Computer Literacy
Definition
having skills in using productivity software
Term
Information Literacy
Definition
understanding the role of information in generating and using business intelligence
Term
Business Intelligence (BI)
Definition

- Provides historical, current, and predictive views of business operations and environments

- gives organizations a competitive advantage in the marketplace

Term
Three Eras of IT Evolution
Definition

Embedded in this evolution is the move from simply cost containmnt to value maximization

[image]

Term
Era 1: Transaction Processing Systems
Definition
  • Rooted in the mainframe era

- Focus on data collection and processing for efficiency benefits

- cost reduction in the organization

- repetitive operations

- human involvement minimal

- IS management involved controlling hardware costs

Term
Era 2: Management Information Systems
Definition
  • Rooted in the PC era

- Focus on getting the right information at the right time in the right format to the right decision maker for effectiveness benefits

- need better integration of hardware, software, data processing, and people

  • emphasis on systems development & project management includes:

- Decision support systems (DSS)

- Intelligent Information Systems

- Early Executive Information Systems (EIS)

Term
Era 3: Strategic Information Systems
Definition
  • Rooted in the Network Era

- focus on coordinations and collaboration with external partners for strategic benefits

- need to align IT strategy and business strategy

- Requires top managemnt involvement

*Includes*:

  • Sophisticated executive information systems (EIS)
  • Enterprise-wide systems (ERP systems)
  • Business-to-consumer (B2C) customer-facing systems (CRM systems)
  • Business-to-business (B2B) supply chain systems
Term

Executive Information System (EIS)

 

Definition

- Analyze essential information from both external and internal sources

- Manipulate and refine data to make it more meaningful

Term
Four Major Components of an information system
Definition

Data

Database

Process

Information

Term

Data

 

Definition

Input to the system

- Sources of data

*external

*internal

- Time of orientation

*Logs historical facts, future predictions

- Can be collected in different forms

*Aggregated

*Disaggregated

Term
Database
Definition
  • Collection of all relevant data organized in a series of intergrated files

- Essential for the success of any information system

- managed with database managment system (DBMS): e.g., Access, Oracle

- Reduces personnel time needed to gather, process, and interpret data manually

Term

Process

 

Definition

Generates the most useful type of information for decision making

- Models used to transform data into information

- Generally includes transaction-processing reports and models for the decision analysis

- Includes a wide range of models to support all levels of decision making

Term
Information
Definition

Output facts that have been analyzed by the process component

- Quality of information is impacted by:

*Timeliness

*Intergration with other data and information

*Consistency and Accuracy

*Relevance

- Graphical User Interface (GUIs)

*Must be flexible and easy to use

- Ultimate goal of an information system

*Generate business intelligence (BI)

Term
Point-of-sale (POS) system
Definition
Fast customer service, improved inventory management
Term
IT at Home Depot
Definition

- Point of Sale (POS) system

* Fast customer service, improved inventory management

- Wired and Wireless networks

*efficient in-store communication

*coordination across many stores across US and Canada

- Web Site

*Promote products, higher sales via e-commerce

-RFID tags

*better manage inventory

Term
Importance of Information Systems
Definition

*Second most important resource in any organization after human resources

*Key Issue: Use IT to manage the four M's

- Manpower

- Machinery

- Materials

- Money

 

Term

Human Resource Information Systems (HRIS)

 

Definition
Intranet systems that support personnel tasks
Term
Logistics Information System (LIS)
Definition
Support costs effective transporting of materials
Term
Manufacturing Information System (MFIS)
Definition
Reduce manufacturing inventory cost, increase product quantity
Term
Wal-Mart Stores, Inc.
Definition
  • Satelite Network

- Largest private satellite communication system in US, links branch stores with home office

- Powerful POS systems

  • RetailLink

- Required for all suppliers

- EDI (electronic data interchange)

- RFID (radio frequency identification)

  • 2005 University of Arkansas study reported RFID reduced out of stocks (OOS) by 21% over non-RFID based stores
Term
Strategic Framework From Michael Porter
Definition

- Identified three strategies for competing in the marketplace successfully

*overall cost leadership/Differentiation/Focus

- Importance of segmentation and price discrimination

Term
Porters Five Forces Model
Definition
  • Used for analyzing an organization, its marketplace, and how information systems could be used to make it more competitive

- Buyer Power

- Supplier Power

- Threat of substitute products or services

- Threat of new entrants

- Rivalry among existing competitors

Term
Buyer Power
Definition
  • High when customers have many choices
  • Low when they have few choices
  • Limit buyers' choices by offering services that make it difficult for customers to switch
Term
Supplier Power
Definition
  • High when customers have fewer options
  • Low when customers have more options
  • Use information systems to make their products and services cheaper
Term
Threat of Substitute Products or Services
Definition
  • High when many alternatives for an organization's products or services are available
  • Add services to make organizations more distinct
  • Add fees to discourage customers from switching
Term
Threat of New Entrants
Definition
  • Low when duplicating a company's product or service is difficult (low barriers to entry)
  • use focus strategies to ensure that this threat remains low
Term
Rivalry among existing competitors
Definition
  • High when many competitors occupy the same marketplace position
  • low when there are few competitors
Term
Businesss Model
Definition

Concept

Revenue

Value

Cost Model

Asset Model

Capabilities

Term
Computer
Definition
A machine that accepts data as input, processes data without human intervention using stored instructions, and outputs information
Term
Computer Program
Definition
Step-by-step directions for performing a specific task, written in a language the computer can understand
Term
Hardware Components
Definition
Physical devices, such as keyboards, monitors, and processing units
Term
Central Processing Unit (CPU)
Definition

- Arithmetic Logic Unit (ALU)

- Control Unit

- Can be a single processor or multiprocessor

Term
BUS
Definition
Link between devices connected to the computer (parallel, serial, internal, external)
Term

Hardware Generations: First

 

Definition

*HG: 1946-1956

- Major Technologies: Vaccum Tube

- Major Attribute: Machine Language

Exp.) *ENIAC*

Term
Hardware Generations: Second
Definition

 HG: 1957-1963

- Major Technologies: Transistors

- Major Attribute: Assembly Language

Exp.) IBM 7094, 1401

 

Term
Hardware Generations: Third
Definition

HG: 1964-1970

- Major Technologies: Integrated Circuits, remote data entry, telecommunications

- Major Attribute: High-level language

Exp.) IBM 360, 370

Term
Hardware Generations: Fourth
Definition

HG: 1971-1992

- Major Technologies: Miniaturizing, BLSI, personal computers, Optical Disks

- Major Attribute: __ - generation language

Exp.) Cray XMP, Cray III

Term
Hardware Generations: Fifth
Definition

HG: 1992- Present

Major technologies: Parallel processing, gallium arsenide chips, optical technologies

Major attribute: Natural language processing (NLP)

Ex). IBM Systems z10

Term

Computer Operations:

3 basic tasks

Definition

1. Arithmetic: Add, subtract, multiply , divide, raise to power

2. Logistical operations: comparison

3. Storage and retrieval operations

*The speed makes it impressive (relative to humans)

Term

Speed

Definition

Measured as number of instructions performed per fraction of a second

•Millisecond: 1/1000 of a second

•Microsecond: 1/1,000,000 of a second

•Nanosecond: 1/1,000,000,000 of a second

•Picosecond: 1/1,000,000,000,000 of a second

Term

Accuracy

Definition

-          Computers don’t make mistakes

-          Degree of accuracy is critical in many computer applications

Ex). Space mission calculations

Term
Storage and retrieval
Definition

–Saving data in and accessing data from memory

–Data is stored in bits using binary system [0 or 1]

–American Standard Code for Information Interchange (ASCII)

•Code to represent and transfer data

•Eight bits is one byte

•ASCII uses 7 bits to define up to 128 characters

Term

Input devices

Definition

Send data and information to computer

(keyboard, mouse, touchsceen, light pen, trackball, data tablet, barcode reader, optical  character reader, etc., )

Term

Output devices

Definition

For mainframes and personal computers

Soft copy

-          Cathode ray tube (CPT), plasma, liquid crystal display (LCD)

Hard copy

-          Printer ( Inkjet, laser)

Voice

Term

Main memory

Definition
Stores data and information
Volatile
Term
Secondary memory
Definition
Nonvolatile – holds data when computer is off during programs operation
 Serves as archival storage
Term
Main memory devices
Definition
•Semiconductor chips made of silicon
•Random access memory (RAM)
–Volatile
–Cache RAM
•Read only memory (ROM)
–Nonvolatile
–BIOS and system clock
–PROM – programmable read-only-memory
–EPROM – erasable programmable ROM
Term
Secondary memory devices
Definition
•Magnetic disks – Mylar or metal, used for random-access processing
•Magnetic tape – Made of a plastic material, stores data sequentially
•Optical discs – Lasers access and store data, CD-ROM, WORM, DVD
•Other - Hard disk, USB flash drive, Memory card
•Redundant array of independent disks (RAID) Collection of disk drives used for fault tolerance and improved performance
Term
Storage area network (SAN)
Definition
Dedicated high-speed network consisting of both hardware and software
•Connect and manage shared storage devices
•Makes storage devices available to all servers on a network
•Used in large enterprises due to complexity & cost
Term
Network-attached storage (NAS)
Definition
Network-connected computer dedicated to providing file-based data storage services to other network devices
Term
Operating System (OS)
Definition

- Set of programs for controlling and managing computer HW and SW

- Provides an interface between a computer and the user

- Increases computer efficiency by helping users share computer resources and performing repetitive tasks for users

Exp.) Windows 7, Windows Vista, Mac OS X, Android, Windows XP, Unux

- Control programs: Job management, resource allocation, data management, communication

Term
Kernel
Definition
Supervisor Program
Responsible for controlling all other programs in the OS
Term
Application software
Definition
Commercial software or software develop in-house
(word processing, spreadsheet, database, presentation, graphics, desktop publishing, financial planning and accounting, project management, Computer-aided design (CAD)
Term
Machine Language
Definition
Language:
0s and 1s, code written for one type of computer
Term
Assemble Language
Definition
Language:
Higher level but still machine dependent
Term
High-Level Languages
Definition
Language:
Used in Web development (Ex. C++, Java)
Term
Fourth-Generation Languages
Definition
Language:
Easiest to use (Ex. SQL)
Term
Fifth-Generation Languages
Definition
Language:
(5GLs)
–Knowledge-based systems
–Natural language processing (NLP)
–Visual programming
–Graphical approach to using programming
Term
Database Management
Definition
•Effective management of databases today is essential for any organization that wants to make strategic use of its data
•The foundation of any enterprise system, supply chain system, customer relationship management system, etc.
Term
File
Definition
Group of related records
Term
Record
Definition
Group of related fields
Term
Database Management System (DBMS)
Definition
Used for creating, sorting, maintaining, and accessing database files
Components:
- Database engine
- Data definition
- Data Manipulation
- Application Generation
- Data Administration
Term
Sequential file structure
Definition
–Records organized and processed in numerical or sequential order
–Organized based on a “primary key”
–Usually used for backup and archive files, often   on magnetic tape
–Relatively slow data retrieval
Term
Random Access File Structure
Definition
- Records can be accessing in any order, usually on disks
-    Fast and very effective when a small number of records need to be processed daily or weekly
Term
Indexed sequential access method (ISAM)
Definition
–Records accessed sequentially or randomly, depending on the number being accessed
–Indexed access methods use an index structure with two parts:
•Indexed value
•Pointer to the disk location of the record matching the indexed value
Term
Views of Data in SAP:
           Inventory Report
Definition
[StoreLocation, Material Item ID, Description, Amt on Hand, UnitMeasure]
Term
Views of Data in SAP:
          Sales Order Report
Definition
[Qtr, Day, DistChannel, Region, Material Description, SoldToPoint, Price, Qty, TotalValue, A/R Qtr, A/R Day ]
Term
Views of Data in SAP:
    Product Cost Planning
    Transaction Screen
Definition
[Material Item ID, Description, VarCost, TotalCost, Price DC10, Price DC12, Price DC14]
Term
Data Model
Definition
Determines how data is created, represented, organized, and maintained
Includes data structure, operations, integrity rules
(hierarchial model, network model, relational model (most common)
Object-oriented model
Term
Relational Model
Definition
Uses a two-dimensional table of rows and columns of data
Definitions used in data model are stored in data dictionary (field name(start date) , field data type (mm/dd/yy), default value, validation rule (end-date > start-date)
Term
Primary Key
Definition
–Field (column) where a value from that column uniquely identifies a specific row in the table
–A primary key may consist of multiple columns
•A determinant is column that determines the value in another column
•A candidate key is a column, or collection of columns, that can serve as a primary key
Term
Foreign Key
Definition
-    A column that is a primary key in another table
-    Established relationships between tables
Term
Normalization
Definition
-    Improves database efficiency
-    Minimizes and controls redundant data
-    1NF through 3NF or (5NF)
Term
Anomalies
Definition
Insertion (adding)
Deleting (all info lost)
Update (must update in multiple places)
Term
The Relational Model
Definition
Data retrieval operations using Structured Query Language (SQL)
-    Select command
-    Project command
-    Join command
Term
Select Command
Definition
Finds specific row(s) based on certain criteria [SELECT EmpID FROM Employee WHERE HireDate > “05/01/05”]
Term
Project Command
Definition
Pares table down to specific columns identified [PROJECT Employee OVER EmpID, EmpAddress]
Term
Join Command
Definition
Combines two tables based on common column
JOIN Skill and EmployeeSkill OVER SkillName
Term
Database Engine
Definition
-Heart of DBMS software
-Responsible for data storage, manipulation, and retrieval
-Converts logical requests from users into their physical equivalents
             -Produces displays, reports, etc.
Term
Data Definition
Definition
-Create and maintain the data dictionary
-Define the structure of files in a database
        - Adding fields / Deleting fields / Changing field size / Changing data type
Term
Data Manipulation
Definition

•Add, delete, modify, and retrieve records from a database

  • Query language

Structured Query Language (SQL)                

  •Standard fourth-generation query language used by many DBMS packages
•SELECT statements, etc.
Query by example (QBE)
•Construct statement of query forms
•Graphical interface

Term
Application Generation
Definition
-Design Elements of an application using a database
     -Create data entry screens / interactive menus /   interfaces with other programming languages
Used for: backup/recovery/securite/change mgmt
     -Create, read, update, and delete (CRUD)
Functions used by ___:
        - Person (or group) responsible for database   design and management
Term
Distributed database
Definition
-    Data in single logical database stored on multiple servers throughout an organization
-    Distributed DB increases security concerns
-    Approaches:
o    Fragmentation (columns rows stored in various locations)
o    Replication (each site stores a copy of database)
o    Allocation (combination where data stored where most used)
Term
Physical View
Definition
Database has one way how data is physically stored on and retrieved from storage media
Term
Logical View
Definition
-    How information appears to users
-    How data is organized and logically retrieved
-    There can be more than one
Term
Process to Create Warehouse
Definition
ETL (Extract, Transform, and Load)
Extract
  -Collecting data from a variety of sources
Transform
-    Selecting only data appropriate for analysis
-    Cleanse/manipulate data (fill in nulls, change to categorical values)
Load
-    Process of transferring data into data warehouse
Term
Warehouse output Objectives:
       Data-mining analysis
Definition
Discover patterns and relationships
Term
Warehouse output objectives:
       Reports
Definition
–Cross-reference segments of an organization’s operations for comparison purposes
–Find patterns and trends that can’t be easily found with databases
–Analyze large amounts of historical data quickly
Term
Data Mart
Definition
-Smaller version of data warehouse
-Used by single department or function
Advantages: (faster data access due to size, response time, easier to create and manage sure to size, less expensive, targeted for a specific set of users)
- More limited scope than data warehouses
Term
Concerns about data collection
Definition
•Number of online shoppers is increasing
•Some customers are reluctant to make online purchases
       –Hackers getting access to their credit   card numbers
•Other electronic payment systems are being developed
•Computers’ contents being searched while connected to the Internet
•Information users provide on the Web (Combined with other information and technologies to produce new information)
•Log files (Generated by Web server software, Record a user’s actions on a Web site)
•Data collected on the Internet must be used and interpreted with caution
Term
Profiling
Definition
–Digital characteristics that identify behavior
–Anonymous profiles group people into specific groups
–Personal profiles add personal identifiers
Storefronts and advertising networks
   –Track consumer & browsing behavior
   –Adjust what user sees
   –Update profiles of consumers
Term
Personally identifiable information (PII)
Definition
Data the can be used to identify, locate, or contact an individual
Term
Anonymous Information
Definition
Demographic and behavioral information that doesn’t include any personal identifiers
Term
Cookies
Definition
Small text file Web sites place on visitor’s computer when they visit
-Provide Web marketers a quick means of identifying customer and understanding prior behavior
Term
Web bugs
Definition
Tiny (1 pixel) graphic files embedded in e-mail    messages/Web sites
- Used to transmit information about user and page being viewed to monitoring server
Term
Major ways in which
 marketers segment
and target markets
Definition
Behavioral / demographic / psychographic / technical / contextual / search
Term
Intellectual Property (IP)
Definition
-Encompasses all tangible and intangible products of the   human mind
–Three main types of __ protection
•Copyright, Patent, Trademark law
Term
Copyright
Definition
Protects original forms of expression from being copied by others
Term
Fair Use Doctrine
Definition
Permits the use of copyrighted materials without permission under certain circumstances
Term
Digital Millennium
Copyright act of 1998
Definition
Makes it illegal to make, distribute, or use devices that circumvent technology-based protections of copyrighted materials
Term
Patents
Definition
Grants owner a 20-year exclusive monopoly on ideas behind an invention
–Most early inventions that made Internet & e-commerce possible were not ______ed
–With commercial development of Internet, came desire
–Business methods patents have been widely sought by Internet and e-commerce companies
Term
E-Commerce Patents
Definition
Internet basic infrastructure, software developed via public programs, not patented, 1998 Federal Court upheld claims to business method ______
Examples:
  •Amazon’s one-click purchasing
  •DoubleClick’s dynamic delivery of online advertising
Term
Trademarks
Definition
Identify ad distinguish goods, and indicate their source
     –Protects public by ensuring it gets what it pays for/expects
     –Protects trademark owner against piracy and misappropriation
Term
Anticybersquatting Consumer Protection Act
Definition
Creates civil liabilities for anyone who attempts in bad faith to profit from an existing famous or distinctive trademark by registering an Internet domain name that is identical or confusingly similar
Term
Cybersquatting
Definition
Registration of an infringing domain name, or other Internet use of an existing trade-mark to extort payments
Term
Cyberpiracy
Definition
Has intent of diverting traffic from a legitimate site to an infringing site (bank example)
Term
Metatagging
Definition
Using other’s trademarks as metatags in misleading or confusing manner
Term
Deep Linking
Definition
Bypassing target site’s home page and linking directly to content page
Term
Keywording
Definition
Bypassing target site’s home page and linking directly to content page
Term
Framing
Definition
Displaying content of another site within frame or window
Term
Spyware
Definition
–Software that secretly gathers information about users  while they browse the Web
–Can be used maliciously
Term
Phishing
Definition
Sending fraudulent e-mails that seem to come from legitimate sources (sending you to a false website, to capture information)
Term
Keyloggers
Definition
–Monitor and record keystrokes
–Can be software or hardware devices
–Sometimes used by companies to track employees’ use of e-mail and the Internet
–Can be used for malicious purposes
Term
Sniffing
Definition
-Capturing and recording network traffic
-Often used by hackers to intercept information
Term
Spoofing
Definition
Attempting to gain access to a network by posing as an authorized users to find sensitive information
Term
Digital Divide
Definition
The gap between those people with effective access to digital/information technology and those without. It includes the imbalances in physical access to technology as well as the imbalances in resources and skills needed to effectively participate as a digital citizen.
Term
Price Discrimination:
1st Degree
Definition
States the company charges the consumer the maximum price that individual is willing to pay for that product. This extracts all the consumer surplus and earns the firms the highest possible profits
Term
Price Discrimination:
2nd Degree
Definition
The companies are actually not able to differentiate between the different types of consumers. This practice creates a schedule of declining prices for different quantities. Using this strategy the company can extract some of the consumer surplus without knowing much about the individual consumer. The consumer chooses the amount of product they wish to consume with the posted prices, and this allows consumers to differentiate themselves according to preference.
Term
Price Discrimination:
3rd Degree
Definition
The firm sets prices that will accommodate the consumer. The firms know broad demographics about the particular types of consumers they will supply, and charge prices such that everyone will be able to consume the product
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