deck_17527355 Flashcards
What law states that performance of a computer doubles every 18 months; and the cost of data processing, communications and storage is essentially ZERO?
Gordon Moore’s law
What are the 4 EMPLOYABILITY SKILLS (ASCE)?
- Abstract Reasoning: Manipulate models with a logical or reasonable thought process
- Systems Thinking: Connect inputs and outputs into a sensible whole
- Collaboration: Planning discussions, anticipating reactions
- Experimentation: Making a careful analysis of opportunity, envision solutions, and developing ideas with the most promise
What is a process and an information system? What is the relationship between them?
Process: a way of doing something
IS: collection of components (like a computer) that stores and retrieves data and produces information
A process may use multiple information systems, an information system may be used for multiple processes
What is the purpose of Information Systems Management?
Creating/monitoring/adapting processes, IS’, and information to help organizations achieve their strategies
What are Porters Five Forces?
- Threat of SUBSTITUTIONS
- Threat of NEW ENTRANTS
- Existing RIVALS
- Bargaining POWER of SUPPLIERS
- Bargaining POWER OF CUSTOMERS
What is Porters 4 competitive strategy square?
Choose one:
“Lowest Cost across industry” = COST + Industry Wide
Lowest cost in segment = Cost + Focus
Better product across industry = Differentiation + Industry
Better Product across segment = Differentiation + Focus
What is a value chain?
A network of value creating activities
What is a value chain according to PORTER (five activities: IL, OL, O, MS, S) (Four support: I, HR, R&D, P)?
5: Inbound Logistics, Operations, Outbound Logistics, Marketing and Sales, Service
4: Infrastructure, HR, R&D, Procurement
What are the 4 basic types of networks?
- Wide Area Network (WAN)
- Internet
- Local Area (LAN)
- Personal Area (PAN)
Intranet vs Internet?
Internet: Network of Networks (LANs, WANs, etc)
Intranet: Private internet for an organization
WIFI, Cellular networks, and Bluetooth all operate on this.
Radio Waves
What is a PROTOCOL?
A set of rules used by TWO communicating devices
What is a SOA?
Service-oriented Architecture provides a way for apps on a network to talk to each other
What is IoT?
Internet of Things are objects connected to the internet that communicate and share data (ex: parking place sensors)
What is THREE TIER ARCHITECTURE, what is it made up of?
3ta: way to build and organize software applications
USER TIER: user interacts with application
SERVER TIER: application’s data validation, calculations and business rules
DATABASE TIER: Stores and manages information and data for application
What is the cloud?
The elastic leasing of pooled computer resources over the internet; organizations just pay for resources they use
What are the 3 types of Cloud options?
- SOFTWARE (SAAS)
- PLATFORM (PAAS)
- INFRASTRUCTURE (IAAS)
What does SAAS provide?
- Server or disk drive
- Server, OS, DBMS
- Apps (software, develop suite)
What does IAAS provide?
Server or Disk drive (storage)
What does PAAS provide?
- Server or disk drive
- Servers, OS, DBMS
- (Security, Testing for host apps)
What are the 4 components of computer hardware with examples?
INPUT: keyboard and mouse
CPU: RAM, Processor, Memory
OUTPUT: speakers, display
STORAGE: Magnetic disk, optical disk, cloud
What is the purpose of an OS?
Control computers resources
- read and write data
- start and stop programs
- backup
What are the 5 types of SOFTWARE apps?
- Horizontal-Market: common across all industries (Excel)
- Vertical-market: specific industry (Doctors CRM)
- One-of-kind: Specific Need (Scotia App)
- Native: just one operating system
- Web: Browser exclusive (grammarly)
What are the 4 sources of apps?
- Off the Shelf: generic, no customization
- OTS with alterations: generic, customized before use
- Custom: Specific for business/client
- Open source: Public and can be modified (wikipedia)
What is Virtualization?
A process (VM) that allows multiple virtual resources to run on a single physical resource, improving efficiency, scalability, and flexibility. Can be applied to just about any context of IS (operating system VS, Desktop VS, hardware VS, etc)
What is a BUSINESS PROCESS?
System of ACTIVITIES(tasks) that turn INPUTS into OUTPUTS (ex: getting a new passport)
BPMN Chart
What is the difference between Structured vs Dynamic Process?
Structured: Formally defined, standardized process, day-to-day (scheduling work shifts)
Dynamic: less specific, adaptive, intuitive (Solving if/where to open new location)
What is the difference between Data vs Information?
Data = recorded facts
Information = knowledge we derive from those facts
What are the qualifications of data CARTS?
Cost worthy, Accurate, Relevant, Timely, (just) Sufficient
What are the 4 things that make up a BP?
- Activities
- Resources
- Actors (human/computer hardware resource)
- Role (particular actor for role)
What are the 4 characteristics of a Process?
- Stability of flow (structured/dynamic)
- Scope (Managerial/operational/strategic)
- Objectives (effectiveness/efficiency)
- Location in VC (marketing and sales/inbound logistics…)
What is the Operational vs Managerial vs Strategic SCOPE of processes?
Operational: daily, computer based, IS = TPS
Managerial: Seasonal, MIX based, IS = MIS
Strategic: When needed, People Based, IS = EES
How to achieve PROCESS IMPROVEMENT?
- Classify objectives (effective or efficient)
- (Make) Unstated Assumptions explicit
- Match objectives to strategy