Shared Flashcard Set

Details

MIS
Chapter 1
28
Business
Undergraduate 2
05/04/2010

Additional Business Flashcards

 


 

Cards

Term
Globalization
Definition
Integration of economies throughout the world, enabled by technological progress.
Term
Economic Changes
Definition
Increases in internation trade, in the development of global financial systems and currency, and in the outsourcing of labor.
Term
Cultural Changes
Definition
Increases in the availability of multiculturalism through television and movies; the frequency of international travel, tourism, and immigration; the availability of ethnic foods and restaurants; and the frequency of worldwide fads and phenomena such as Pokemon, Sudoku, Idol television and MySpace.
Term
Technological Changes
Definition
Development of low-costing computing platforms and communication technologies and systems such as e-mail, Skype and instant messaging.
Term
Information Systems
Definition
Are combinations of hardware, software and telecommunications networks that people build and use to collect, create, and distribute useful data, typically in organizational settings.
Term
Data
Definition

Raw material-recorded, unformatted info such as words and numbers.

ex: 465889727

Term
Information
Definition

Representation of reality.

ex: 465-88-9727

Term
Knowledge
Definition

needed to understand relationships between different pieces of information.

ex: 465-88-9727=John Doe

Term
Wisdom
Definition

accumulated knowledge.

ex: 465-88-9727=John Doe-School Records, Employment Records, Medical Records

Term
Technology
Definition
any mechanical and/or electrical means to supplement, extend, or replace human, manual operations, or devices.
Term
Information Technology
Definition
refers to machine technology that is controlled by or uses info.
Term
CIO
Definition
Chief Information Officer- Manages, like the CEO of a company
Term
Computer-Based Information Systems
Definition
A type of technology.
Term
Systems Analyst
Definition
Develops IS
Term
3 Areas IS professional is skilled and competent in
Definition
Technical Competency, Business Competency and Systems Competency
Term
Technical Competency
Definition
knowledge and skills in hardware, software, networking and security. "Nuts and bolts" of IS.
Term
Business Competency
Definition
Ability to understand technical areas AND the nature of business. Also to understand and manage people and projects not just the technology.
Term
Systems Competency
Definition
Ability to understand how to build and integrate systems and how to solve problems.
Term
New Service Mentality
Definition

When the IS personnel do everything they can to ensure that they are satisfying their systems customers.

ex: seek out customers to see if they have any questions or problems BEFORE the customer comes with complaints, create help desks, hotlines, info centers, training centers, etc.

Term
Downsizing
Definition
or rightsizing, use of the IS function and technology as a lever for shrinking the organization by reducing personnel headcount and making the organization more productive.
Term
Outsourcing
Definition
jobs and/or tasks are being conducted by people in another firm, in another part of the country, or on another continent at less cost.
Term
Hardware
Definition

physical computer equipment.

ex: computer monitor, keyboard

Term
Knowledge Society
Definition
growth in # of knowledge workers with their rise in importance and leadership
Term
Knowledge Worker
Definition
professionals who are relatively well educated and who create, modify, and/or synthesize knowledge as a fundamental part of their jobs.
Term
New Economy
Definition
A world were people work their brains instead of their hands, communications technology creates global competition
Term
Software
Definition
a program or set of programs that tell the computer to perform certain tasks
Term
Telecommunications Networks
Definition
a group of 2 or more computer systems linked together with communications equipment
Term
Systems Integration
Definition
connecting seperate IS and data to improve business processes and decision making
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