Shared Flashcard Set

Details

MIST mid-term
ch 1-4 vocab
17
Business
10th Grade
10/07/2008

Additional Business Flashcards

 


 

Cards

Term
knowledge work
Definition
the intellectual activity that people perform upon data, information, and knowledge in order to discover business options
Term
business
Definition
an organization with one or more people that 1. decide on one or more goals to pursue. 2. work together to locate and organize resources. 3. create processes in order to achieve the desired goal or goals.
Term
business environment
Definition
a complex collection of political, economic, social, and technological factors that organizational leaders must consider when making decisions regarding goals, or forms and creation of business value
Term
globalization
Definition
modern businesses are using info technology to expand their market to customers around the globe, to find the lowest-cost suppliers regardless of location, and even to create 24 hr business days by shuttling work across times zones and nations
Term
internet
Definition
a large number of cooperation computer networks that use the same rules sending messages.
Term
commerce
Definition
buying and selling of goods
Term
E-commerce
Definition
use of info systems, technology, and computer networks by individuals and organizations to create business value
Term
data
Definition
raw unorganized facts, numbers, pictures, and so on
Term
information
Definition
data that have been organized and are useful to a person
Term
knowledge
Definition
created when a person combines experience and judgment with information
Term
explicit knowledge
Definition
knowledge that is readily codified, such as the knowledge in this textbook
Term
tacit knowledge
Definition
knowledge that you gain through experience, insight, and discovery
Term
podcasting
Definition
method of publishing audio programs via the internet that allows users of just about any digital audio device to download broadcasts or to subscribe to a feed of new files. it is a primary technology that has allowed for more productive use of audio devices
Term
information system
Definition
organized collection of people, information, business processes, and information technology, designed to transform inputs into outputs, in order to achieve a goal
Term
IS security (information assurance)
Definition
protects people, info, software, hardware, networks, and organizations from the harmful actions of others
Term
phishing
Definition
high tech scam that uses spam to deceive consumers into giving up info
Term
world-wide web
Definition
most widely used component of the internet
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