Chapter 2 Global EBusiness and Collaboration Flashcards
Business processes
A logically related set of activities that defines how specific business tasks are
performed, and it represents a unique way in which an organization coordinates work, information, and knowledge. Can cross many different functional areas, made possible by computer-based IS.
Manufacturing and production (functional area)
- Assembling the product
- Checking for quality
- Producing bills of materials
Sales and marketing (functional area)
- Identifying customers
- Making customers aware of the product
- Selling the product
Finance and accounting (functional area)
- Paying creditors
- Creating financial statements
- Managing cash accounts
Human resources (functional area)
- Hiring employees
- Evaluating
employees’ job performance - Enrolling employees in benefits plans
Transaction Processing Systems (TPS)
System serving operational management, such as payroll, sales order entry, employee record keeping or order processing, that track the flow of the daily routine transactions necessary to conduct business. Info must be available, current and accurate.
New technology can..
- Change flow of information for more people to access and share info
- Allow tasks to be performed simultaneously
- Eliminate delays in decision making
Management information systems (MIS)
Produces reports serving middle management about current performance and the company’s basic operations, by condensing information from TPS, and these are not highly analytical. E.g. compare total annual sales figure, inventory levels
Information systems are essential for..
Business processes to run effectively based on a firm’s business model.
Decision-support systems (DSS)
Support management decisions that are unique and rapidly changing for which the procedure for arriving at a solution may not be fully predefined in advance, using advanced analytical models. Uses info from TPS and MIS, also external sources.
Business intelligence
Data and software tools for organising, analysing and providing access to data to help managers on all levels and enterprise employees make more informed decisions.
Executive support systems (ESS)
System that focuses on non-routine decisions, strategic issues and long-term trends. For senior management that provide data in the form of graphs, charts, and dashboards delivered via portals using many sources of internal and external information.
Portal
Uses a Web interface to present intergrated personalised business content.
Enterprise applications are designed…
To coordinate multiple functions and business processes.
Enterprise systems
Systems that span different functional areas and integrate the key internal business processes of a firm into a single software system to improve coordination and decision making (efficiency).