Chapter 13 Flashcards
Chapter 13 test
- The sharing of information between two or more individuals or groups to reach a common understanding
Increased efficiency in new technologies and skills
Improved quality of products and services
Increased responsiveness to customers
More innovation through effective communication
Communication
Good communication enabled
Message encoding receiving decoding then reciever
Sends back in the____phase
The communication process:
Transmission phase
Feedback phase
The encoding of messages into words, either written or spoken
The encoding of messages by means of facial expressions, body language, and styles of dress
Verbal and non verbal communication
The amount of information that a communication medium can carry and the extent to which the medium enables the sender and receiver to reach a common understanding
Managers and their subordinates can become effective communicators by:
Selecting an appropriate medium for each message—there is no one “best” medium
Considering information richness
A medium with high richness can carry much more information to aid understanding.
Information richness
Face-to-face communication technique in which a manager walks around a work area and talks informally with employees about issues and concerns
Management by wandering
Raw, unsummarized, and unanalyzed facts(??)
Data that is organized in a meaningful fashion
Data
Information
Quality
Timelness
Completeness
Relevance
Factors affecting the usefuleness of information
The set of methods or techniques for acquiring, organizing, storing, manipulating, and transmitting information
A specific form of IT that managers utilize to generate the specific, detailed information they need to perform their roles effectively
Information Technology
Management Information System
The way demand for a product changes in a predictable pattern over time
Product Life Cycle
- Interlinked computers that exchange information
- Software that tells computer hardware how to run
- Software designed for a specific task or use
- Changes in meaning that occur as information passes through a series of senders and receivers
Network -
Operating System Software -
Applications Software -
Information Distortion -
Commerce
Trade that takes place between companies using technology and the Internet to link and coordinate the value chains of different companies
An Internet-based trading platform set up to connect buyers and sellers in an industry
Trade that takes place between a company and individual customers using technology and the Internet
Business-to-Business (B2B) Commerce
B2B Marketplace
Business-to-Customer (B2C) Commerce
- The management of any aspect of the production system that transforms inputs into finished goods and services
- The system that an organization uses to acquire inputs, convert inputs into outputs, and dispose of the outputs
Manager who is responsible for managing an organization’s production system and for determining where operating improvements might be made
Operations Management -
Production System -
Operations Manager -
Goods and services that are reliable, dependable, or psychologically satisfying
Amount of inputs required to produce a given output
Action taken to meet the demands and needs of customers
Quality
Efficiency
Responsiveness
Input stage
Conversion stage
Output stage
Production system
- Technique that uses IT to develop an ongoing relationship with customers to maximize the value an organization can deliver to them over time
A firm that provides higher quality than others at the same price is more responsive to customers.
Higher quality can also lead to better efficiency through lower operating costs.
Customer Relationship Management (CRM) -
Quality