Chapter 5.9 - Management information systems Flashcards
Artificial intelligence (AI)
An aspect of computer science that focuses on the ability of smart machines to perform tasks that typically require human intelligence, such as voice commands on smart devices
Artificial neural networks (ANN)
An aspect of critical infrastructure that uses learning algorithms that can independently adjust as they receive new input. They solve problems without having to be explicitly programmed with rules to follow
Big data
The process of collecting and analysing large amounts of data sets in order to identify trends and patterns that can be used in business decision-making
Cloud computing
A virtual resource or online space that enables businesses to store, organize, and retrieve data in safe and efficient ways
Critical infrastructure
Refers to the essential physical structures and facilities needed for the effective functioning of a business
Customer loyalty program
Refers to any customer-retention strategy that rewards or incentivizes customers to continue buying the same products and brands of the business
Cybercrime
Refers to any illegal activity carried out using computers or the Internet by deliberately and maliciously targeting computers, computer networks, or networked devices
Cybersecurity
Refers to the protection of computer systems and networks from unwarranted information disclosure, as well as theft of or damage
Data analytics
The process of transforming raw data into usable information for businesses
Database
A computerized system that makes it easy to store, search, and select data and information
Data center
A physical facility or space of networked computers and component resources that support businesses in housing their critical applications and data
Data mining
The process of extracting raw data from different data sets and summarizing this into usable information in a coherent structure for further use
Digital Taylorism
A modern approach to scientific management, with the use of Management Information Systems to establish the best way to boost productivity in the workplace by managing staff and tasks in a methodical way
The Internet of Things (IoT)
Refers to electronic devices that are able to connect to the Internet and share, transfer, and store data with other Internet-enabled devices
Machine learning
A subset of AI that includes algorithms that can memorize on their own and anticipate results without anyone explicitly programming the system to do so
Management Information Systems (MIS)
Refers to the study of advanced computer technologies and their impact on organizations, people, and the relationships among them
Virtual reality (VR)
An artificial environment that is created with software and presented to the user in a near-reality way
