Exam 1 Flashcards
Moore’s Law
The law that the number of transistors on an integrated chip doubles every 18 months
Abstract reasoning
the ability to make and manipulate models
systems thinking
connecting a set of inputs and outputs into a sensible whole
collaboration
two or more people working together
experimentation
making a reasonable analysis of an opportunity
system
a group of components that interact
Information System (IS)
a group of components that interact to produce information
Five Components Framework
Hardware Software Data Procedures People
Management Information Systems
management and use of information systems
Information Technology
Products, methods, inventions, and standards that are used to produce information
IT vs. IS
You can buy IT but you can’t buy IS
strong password
- 10 or more characters
- does not contain username, real name, or company name
- no complete words
- no the same as a previous password
- contains an upper case, lower case, number, and a special character
Business Process Modeling Notation (BPMN)
international standard for creating business diagrams
business process
network of activities for accomplishing a business function
swimlane format
type of BPM that where each role has its own column or “lane”
activity (related to BPM)
tasks that need to be accomplished
O (thin circle)
start of a business process
repository
collection of data stored within the business process
data flows
movement of data from one activity to another
sequence flows
solid line between activities
Two dimensions of process quality
- effectiveness
- efficiency
effectiveness process quality
business process that enables the business to accomplish its strategies
efficient process quality
ratio of benefits to costs
information
knowledge derived from data
Data characteristics
- Accurate
- Timely
- Relevant
- Just barely sufficient
- Worth its cost
5 forces model
helps organizations determine the potential profitability of an industry
Competitive forces (3 of 5)
competition from…
- vendors of substitutes
- new competitors
- existing rivals
Bargaining power forces (2 of 5)
bargaining power of…
- suppliers
- customers
How is strength determined in a five forces model?
the strength is low if the threat of the customer taking their business elsewhere is low