Chapter 1 - Definition of Terms Flashcards
makes long-range strategic decisions about products
and services as well as ensures financial performance of the firm
Senior management
consists of the software governing the
organization of data on physical storage media
Data Management technology
It describes how a company produces, sells, and delivers product or services to create wealth.
Business Model
It consists of all the hardware
and software that a firm needs to use in order to achieve its business objectives.
Information technology
What are the major business functions?
- Finance and accounting
- Sales and marketing
- Human resources
- Manufacturing and production
engineers, scientists, or architects,
design products or services and create new knowledge for the firm
Knowledge worker
When business engage in its customer and supplier, they provide you better input and respond in buying more.
Customer and supplier intimacy
consists of the detailed, preprogrammed instructions
that control and coordinate the computer hardware components in an information system
Computer software
consisting of both
physical devices and software, links the various pieces of hardware and transfers data from one physical location to another.
Networking and telecommunication technology
links two or more computers to share data or resources,
such as a printer.
Network
The largest and the most widely use network.
Internet
It is a specialized task performed by business organization .
Business function
Internal corporate networks based
on Internet technology
Intranet
it
concentrates on changes in attitudes, management and organizational policy,
and behavior
Behavioral approach
Provide equipment for storing and processing information.
Computer
approach to information systems emphasizes mathematically based
models to study information systems, as well as the physical technology and formal capabilities of these systems. It includes the COMPUTER SCIENCE, MANAGEMENT SCIENCE, AND OPERATION RESEARCH.
Technical approach
is the **physical equipment used for input, processing,
and output **activities in an information system
Computer Hardware
emphasizes the development of models for decision-making and management practices.
Management science
What was the view adopted in the book
Socio technical view
Firms are investing in information system to achieve the six strategic business objectives where were the?
- Operational Excellence
- Customer-supplier intimacy
- Competitive Advantage
- Survival
- Better decision-making
- New product, services, and business model.
Growing interdependence between firm’s IS and its business capabilities.
continuously seek to improve the efficiency of their operation in order to achieve higher profitability.
Operation Excellence.
h focuses on mathematical techniques for optimizing selected parameters of organizations, such as
transportation, inventory control, and transaction costs.
Operation research
data that have been shaped into a form that is
meaningful and useful to human beings.
Information
converts this raw
input into a meaningful form
Processing
It refers to the set of logically related tasks and behaviors
that organizations develop over time to produce specific business results and
the unique manner in which these activities are organized and coordinated.
Business Processes
are** technical foundation, the tools and materials of modern information system.**
Electronic computer and related software program.
provides the foundation, or platform, on which
the firm can build its specific information systems.
Information technology infrastructure
are those assets required to derive value from a
primary investment
Complementary assets
Works takes place in global workshop
Space shifting
What are the key elements of ORGANIZATION?
People, structure, business processes, politics, and culture.
_____________ are accomplished through digital network spanning the entire organization or linking multiple organizations.
Core business processes
actually produce the product and deliver the service
Production or service workers
Are fundamental set of assumptions,
values, and ways of doing things, that has been accepted by most of its
members
Culture
is concerned with establishing theories of computability,
methods of computation, and methods of efficient data storage and access.
Computer science
carries out the programs and plans of senior management
Middle Management
is a service provided by the Internet that uses
universally accepted standards for storing, retrieving, formatting, and
displaying information in a page format on the Internet
World wide web
transfers the processed information to
the people who will use it or to the activities for which it will be used.
Output
broader understanding of information systems, which encompasses an understanding of the management and
organizational dimensions of systems as well as the technical dimensions of
systems
Information literacy
responsible for monitoring the daily activities of
the business.
Operational Management
deals with behavioral issues as well as technical issues surrounding the development, use, and impact of information systems used by managers and employees in the firm.
Management Information system
Is defined technically as a set of interrelated
components that collect (or retrieve), process, store, and distribute information
to support decision making and control in an organization.
Information system
secretaries or clerks, assist with scheduling and communications.
Data workers
The investments in organization and management are also
known as
Organization and management capital
focuses primarily on knowledge of information technology.
Computer literacy
captures or collects raw data from within the
organization or from its external environment.
Input
Information system and technology have made it possible for managers to use real time data from the market place when making decisions.
Improve decision making
are streams of raw
facts representing events occurring in organizations or the physical environment before they have been organized and arranged into a form that people can
understand and use
Data
It is one in
which nearly all of the organization’s significant business relationships with
customers, suppliers, and employees are digitally enabled and mediated.
Digital Firm
Private intranets extended to
authorized users outside the organization are called
Extranet
What are the changes in technology, management, and organization.
Technology
1. Emergence of Mobile Digital Platform.
2. Growth of online software as a service.
3. Growth of cloud computing.
Management
1. Business Intelligence application.
2. Virtual meetings proliferate.
3. Managers adopt online collaboration and social networking software.
Organization
1. Web 2.0 applications.
2. Telework gains momentum in the workplace.
3. Co-creation of business values
Intellectual properties, core competencies, and financial and human resources are managed through digital means.
Key corporate assets
which is output that is returned to
appropriate members of the organization to help them evaluate or correct the
input stage.
Feedback
Refers to the business being conducted 24/7.
Time shifting
