Chapter 1 Flash Cards

Question 2

What is a digital firm

Answer 2

An organization which communicates with customers mostly digitally.

Question 3

Business processes refer to … ?

Answer 3

Logically related tasks and behaviours, developed by an organization over time.

Question 4

How information systems helps business models?

Answer 4

Can be used as a tool for creating new products and services.

Question 5

What is Canadian Rules on the Sarbanes-Oxley act ( C-SOX)

Answer 5

An act that improves accountability of public firms and their auditors.

Question 6

Define Information Technology ( IT )

Answer 6

Software and Hardware used by a firm to achieve a business objective.

Question 7

Define Information

Answer 7

Data that has been shaped/sorted in a way to appear meaningful and useful to human beings.

Question 8

What is Data

Answer 8

Raw facts before being processed into information.

Question 9

Process that collects/captures data from outer environment

Answer 9

Input.

Question 10

Processing is?

Answer 10

The action that takes the raw data and puts it into meaningful form.

Question 11

Output is ?

Answer 11

Transfer of processed information to the user.

Question 12

What is feedback and why is it important?

Answer 12

Feedback is a process which tells how useful is gathered.Important because it can improve data collection to make information more relevant.

Question 13

Information systems literacy refers to .. ?

Answer 13

Understanding of an overall picture of how the firm operates digitally. Includes hardware, software , company structure.

Question 14

Define Computer Literacy

Answer 14

How well a person knows information technology.

Question 15

Objectives of Senior Management

Answer 15

Long range decisions about products and services, and well financial well being of the company.

Question 16

Objectives of Middle Management

Answer 16

To carry out plans and programs of senior management.

Question 17

Operational Management is responsible for ?

Answer 17

Daily activities of the business.

Question 18

Example Of Knowledge Workers and their duties.

Answer 18

Engineers, Scientists, Architects.Design products and/or create knowledge for the firm.

Question 19

Data workers are ?

Answer 19

Secretaries and Clerks.

Question 20

Workers that produce or provide services are?

Answer 20

People that do the manual labor.

Question 21

What is Organization Culture.

Answer 21

A fundamental set of assumptions and values in a firm . A way of doing things.

Question 22

Example of Computer Hardware

Answer 22

Tablets, PC, Hard drives.

Question 23

Main function of Computer software is ?

Answer 23

Use preprogrammed instruction to control computer hardware.

Question 24

Data management technology is responsible for ?

Answer 24

Software that organizes the data on physical storage.

Question 25

Networking and telecommunications technology consists of ?

Answer 25

Hardware and software that links and transfer data from one location to another.

Question 26

Network is ?

Answer 26

Two or more computers that share data or a resource ( printer).

Question 27

World Largest Network ?

Answer 27

Internet.

Question 28

Intranet is ?

Answer 28

Internal corporate network based on internet.

Question 29

Private intranets accessible from outside by authorized users called ?

Answer 29

Extranets.

Question 30

Define World Wide Web

Answer 30

Service provided by Internet that uses universally accepted standards for storing and retrieving information.

Question 31

Complementary assets refer to ?

Answer 31

Assets that are required to get the benefit from the main asset . Example roads are needed to drive cars.

Question 32

Managerial, Organizational and Social Assets together are known as?

Answer 32

Organizational and management capital.