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Understanding Business: Chapter B
N/A
15
Accounting
Undergraduate 1
06/01/2009

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Term
data processing (DP)
Definition
Name for business technology in the 1970s; included technology that supported an existing business and was primarily used to improve the flow of financial information.
Term
information system (IS)
Definition
Technology that helps companies do business; includes such tool as automated teller machines (ATMs) and voice mail.
Term
information technology (IT)
Definition
Technology that helps companies change business by allowing them to use new methods.
Term
virtualization
Definition
Accessibility through technology that allows business to be conducted independent of location.
Term
business intelligence (BI)
Definition
Any of a variety of software applications that analyze an organization's raw data and take out useful insights from it.
Term
intranet
Definition
A companywide network, closed to public access, that uses internet-type technology.
Term
extranet
Definition
A semiprivate network that uses Internet technology and allows more than one company to access the same information or allows people on different servers to collaborate.
Term
virtual private network (VPN)
Definition
A private data network that creates secure connections, or "tunnels", over regular internet lines.
Term
broadband technology
Definition
Technology that offers users a continuous connection to the Internet and allows them to send and receive mammoth files that include voice, video, and data much faster than ever before.
Term
Internet2
Definition
The private internet system that links government supercomputer centers and a select group of universities; it runs more than 22,000 times faster than today's public infrastructure and supports heavy-duty applications.
Term
network computing system (client/server computing)
Definition
Computer systems that allow personal computers (clients) to obtain needed information from huge databases in a central computer (the server).
Term
shareware
Definition
Software that is copyrighted but distributed to potential customers free of charge.
Term
public domain software (freeware)
Definition
Software that is free for the taking.
Term
virus
Definition
A piece of programming code inserting into other programming to cause some unexpected and, for the victim, usually undesirable event.
Term
cookies
Definition
Pieces of information such as registration data or user preferences, sent by a Web site over the Internet to a Web browser that the browser software is expected to save and send back to the server whenever the user returns to that Web site.
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