Chapter 2 Flashcards
Data comes in three basic types
nominal, ordinal, and continuous
Nominal data
qualitative or descriptive data that has discrete values class variables, categorical variables, or discrete variables. gender are 1 and 0, where 1 = male and 0 = female
Ordinal data i
Ordinal data is data with categories that have relative importance. rankings
Continuous data
all basic arithmetic operations: addition, subtraction, multiplication, and division.
Most business data, such as sales, balances, and minutes, is ratio or continuous data.
Three main characteristics of data should be considered when you are deciding the types of data you want to use
the power, stability, and cost
data warehouse
structure that links information from two or more databases
DIKW pyramid
data, info, knowledge, wisdom
Business architecture
- provides a means of blueprinting or concretely expressing the design of the business.
- helps an organization align its strategic vision with its underlying execution, whether they be technical resources or human capital.
- linkages from abstract concepts like business mission, vision, strategy and goals to more concrete ones like business services, organizational structure, key performance indicators and application services
business operates as a layered system
The top layer is the strategic layer occupied by C-level executives and advisory groups
The middle layer is the tactical or managerial layer that seeks to steer the organization in alignment with the strategy
The bottom layer is the operations layer where a business executes its core processes and delivers value to its customers
Performance Indicators (PIs) and metrics
Business activity monitoring at the operations layer generates Performance Indicators (PIs) and metrics, for both services and processes.
Key Performance Indicators (KPIs)
used at the tactical layer
Critical Success Factors (CSFs)
at the strategic layer, which in turn help measure progress being made toward the achievement of strategic goals and objectives.
Business process
is a description of how work is performed in an organization
Business Process Management Systems (BPMS)
Business Process Management Systems (BPMS) provide software developers a model-driven platform that is becoming the Business Application Development Environment (BADE) of choice.
Business Application Development Environment (BADE)
Mediate between humans and other technology-hosted resources
Execute in alignment with corporate policies
Ensure the fair distribution of work to employees.