CH 1 Flashcards

1
Q

What are 3 applications of computers and information systems in your daily life?

A
  • point of sale (POS) systems at check
  • smartphones
  • ATM machines
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2
Q

What are 3 recommendations for reducing risk and improving the privacy of your personal information while using social media?

A
  • use long passwords with a mix of uppercase, lowercase letters with numbers and symbols
  • do NOT post phone number or full address
  • do NOT post children’s names, even in photo tags or captions
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3
Q

What is Business Intelligence?

A

Technology and strategies that provide historical, current, and predictive views of business operations and environments. (Gives organizations a competitive advantage in the marketplace)

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4
Q

Define a management information system (MIS).

A

An organized integration of hardware and software technologies, data, processes, and human elements designed to produce timely, relevant, accurate, and useful information for decision-making purposes.

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5
Q

What are 4 major components for an information system?

A
  • data
  • database
  • a process
  • information
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6
Q

What are 3 examples of decisions supported by logistics information system (LIS)?

A
  • improved routing and delivery schedules
  • selecting best modes of transportation
  • improved transportation budgeting
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7
Q

What are Michael Porter’s 3 strategies for successfully competing in the marketplace?

A
  • overall cost leadership
  • differentiation
  • focus
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8
Q

What are 3 examples of specific tasks performed by a data scientist?

A
  • identify and collect data sets and variables
  • ensure the accuracy and completeness of data sets
  • analyze and interpret the results for the decision makers
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