Term
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Definition
| Knowledge of computer systems and equimpent and the ways they funcion; it stresses equipment and devices (hardware), programs and instructions (software), databases, and telecommunications |
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Definition
| Raw facts, such as an employee number, number of hours worked in a week, inventory part numbers or sales orders |
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Definition
| Computer equipment used to perform input, processing, and output activities |
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Term
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Definition
| A collection of facts organized in such a way that they have additional value beyond the value of the facts themselves |
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Term
| Management Information System (MIS) |
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Definition
| An organized collection of people, procedures, software, databases, and devices used to provide routine information to managers and decision makers |
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Term
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Definition
| The power of microprocessor technology doubles and its costs of production fall in half every 18 months |
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Term
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Definition
| Computers and equipment that are connected in a building around the country, or around the world to enable electronic communications |
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Term
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Definition
| Production of useful information, usually in the form of documents and reports |
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Definition
| The strategies, policies, methods, and rules for using MIS |
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Term
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Definition
| Converting or transforming data into useful information |
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Term
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Definition
| The computer programs that govern the operation of the computer |
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Term
| Transaction Processing System (TPS) |
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Definition
| An organized collection of people, procedures, software, databases, and devices used to record completed business transactions |
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Term
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Definition
A set of elements or components that interact to accomplish specific goals.
Elements: Inputs
Processing Mechanisms
Outputs
Feedback |
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Term
| Flat Organizational Structure |
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Definition
| An organizational structure with a reduced number of management layers |
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Term
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Definition
| The responses that are necessary for organizations to plan for, implement, and handle change |
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Term
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Definition
| The major understandings and assumptions for a business, a corporation, or an organization |
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Term
| Reengineering (process redesign) |
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Definition
| The radical redesign of business processes, organizational structures, information systems, and values of the organization to achieve breakthrough in business resluts |
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Term
| Strategic Alliance (Strategic Partnership) |
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Definition
| An agreement between two or more companies that involves the joint production and distribution of goods and services |
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Term
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Definition
| A measure of how widely technology is spread throughout the organization |
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Term
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Definition
| The extent to which technology is deeply integrated into an area or department |
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Term
| Virtual Organizational Structure |
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Definition
| A structure that employs individuals, groups, or complete business units in geographically dispersed areas that can last for a few weeks or years, often requiring telecommunications or internet |
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Term
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Definition
| Internal organizational functions that normally do not interact with outside entities |
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Term
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Definition
| Standard, published operating methods found to produce the best performance and results in a given industry or organization |
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Term
| General Ledger (GL) Centric |
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Definition
| ERP forces all transactions to the general ledger which contains all of the financial accounts of a business |
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Term
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Definition
| The variety of methods used to install a new system, which may include a full cut-over, phased cut-over, parallel, and many other variations. The approach depends on the project goals, scope, resources and time-frame available, similarity between old and new systems, number of sites to be implemented, degree of functional integration and many other factors |
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Term
| Full Cut-Over (Implementation approach) |
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Definition
| Simultaneous implementation of all system functions |
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Term
| Phased cut-over (Implementation approach) |
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Definition
| Implementing a series of modules or subsystems over different periods of time |
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Term
| Parallel (Implementation approach) |
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Definition
| Simultaneously running both the old and new systems to compare performance and output |
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Term
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Definition
| An existing or inherited system used to run significant business functions that will be used as the base for conversion to or integration with a new system. Legacy systems are typically replaced due to technical or functional obsolescence, or because the organization owning the system has been acquired |
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Term
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Definition
| Process of accepting and translating what a customer wants into terms used by the vendor |
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Term
| Standard Operating Procedures (SOP) |
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Definition
| Instructions and methods used for a specific process or situation. They document the normal or accepted methodology and help form the basis for conformance evaluation |
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