Exam 1 Flashcards
because of Moore’s Law
cost of data processing, communications, and storage, is essentially zero.
abstract reasoning
is the ability to make and manipulate models
systems thinking is
the ability to model the components of the system to connect the inputs and outputs among those components into a sensible whole that reflects the structure and dynamics of the phenomenon observed.
why is mis important?
- gives you the background you need to assess, evaluate, and apply emerging information systems technology to business.
- it can give you job security
- many mis- related jobs are available
what is the five-component framework in an information system
computer hardware, software, data, procedures, and people
what are necessary Data Characteristics?
Accurate timely Relevant just sufficient worth its cost
key characteristics of collaboration?
feedback and iteration (continuing stages to produce)
criteria for successful collaboration
successful outcome
growth in team capability
meaningful and satisfying experience
what are the four primary purposes of collaboration?
become informed
make decisions
solve problems
manage projects
what are the types of decisions
operational (day-today activities) Managerial decisions (allocation and utilization of activities) Strategic Decisions (support organizational issues)
difference between structured and unstructured decision
structured decision making has an understood and accepted method for making the decision
requirements for a collaboration information system
the five components
hardware, software, data, procedure, people
difference between Synchronously and Asynchronous communication
Synchronous communication occurs when members meet at the same time. Asynchronous occurs when members do not meet at the same time.
version control
directs user activity and involves one or more of the following user activity limited by permission document checkout version histories workflow control
discussion formus
can be used for asynchronous communication
what is the power curve
a graph that shows the relationship of the power (utility that one gains from a software product) as a function of the time using that product
collaboration involves two types of data
project data- it is data part of the collaboration’s work product
project metadata- used to manage the project
what is version management
tracks changes to documents and provides features and functions to accommodate concurrent work.
How does organizational strategy determine information system structure?
organizations’s strategy
five forces that determine industry structure
(five forces model)
- Bargaining power of customers
- threat of substitutions
- bargaining power of suppliers
- threat on new entrants
- rivalry
porter’s four competitive strategies
lowest cost industry wide (costco)
better products across the industry (apple)
lowest cost within an industry segment
better product within an industry segment
what is value chain?
network of value-creating activities (primary and support activities)
Primary activities include
inbound logistics operations/manufacturing outbound logistics sales and marketing customer service
support activities
they contribute indirectly to the production, sale and service of the product
how do IS provide competitive advantages?
by creating new products or enhancing or differentiating their products
by locking in customers and suppliers (high switching costs and barriers of entry)
