IS Ch. 5 Flashcards

1
Q

Business to business e-commerce

A

A subset of e-commerce in which all the participants are organizations

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2
Q

business to consumer e-commerce

A

a form of e-commerce in which customers deal directly with an organization and avoid intermediaries

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3
Q

consumer to consumer e-commerce

A

a subset of e-commerce that involves electronic transactions between consumers using a third party to facilitate the process

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4
Q

e- Government

A

The use of information and communications technology to simplify the sharing of information, speeds up formerly paper-based processes, and improves the relationship between citizens and government..

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5
Q

Electronic Retailing

A

The direct sale of products or services by businesses to consumers through electronic

storefronts, typically designed around an electronic catalog and shopping cart model.

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6
Q

Cybermall

A

A single website that offers many products and services at one Internet location.

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7
Q

Electronic exchange

A

an electronic forum where manufactureres, suppliers, and competitors buy and sell goods, trade market information, and run back-office operations

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8
Q

market segmentation

A

the identification of specific markets to target them with tailored advertising messages

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9
Q

e-boutiques

A

personalized shopping consultations for shoppers interested in upscale, contemporary products

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10
Q

digital certificate

A

an attachment to an e-mail message or data embedded in a web site that verifies the identity of a sender or web site

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11
Q

certificate authority (CA)

A

a trusted third-party organization or company that issues digital certificates

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12
Q

secure sockets layer (SSL)

A

a communications protocol used to secure sensitive data during e-commerce

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13
Q

Electronic cash

A

An amount of money that is computerized, stored, and used as cash for e-commerce transactions

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14
Q

smart card

A

a credit card-sized device with an embedded microchip to provide electronic memory and processing capability

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15
Q

p-card (procurement card or purchasing card)

A

a credit card used to streamline the traditional purchase order and invoice payment processes

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16
Q

Transaction processing system (TPS)

A

capture and process the detailed data necessary to update records about the fundamental business operations of the organization

17
Q

Batch processing system

A

a form of data processing where business transactions are accumulated over a period of time and prepared for processing as a single unit

18
Q

online transaction processing (OLTP)

A

a form of data processing where each transaction is processed immediately

19
Q

Batch vs. Online Transaction Processing

A
  • Batch processing inputs and processes data into groups

* In Online Transaction processing, transactions are completed as they occur.

20
Q

Transaction processing cycle

A

The process of data collection, data editing, data correction, data manipulation, data storage, and document production

21
Q

source data automation

A

devices capture transaction data in machine readable form at the time and place of their origin

22
Q

point-of-sale transaction processing system

A

the purchase of items at the check-out stand updates a store’s delivery database and it’s database of products

23
Q

data editing

A

the process of checking data for validity and completeness

24
Q

data correction

A

the process of reentering data that was not entered properly

25
Q

data processing

A

the process of performing calculations and other data transformations related to business transactions

26
Q

data storage

A

the process of updating one or more databases with new transactions

27
Q

document production

A

the process of generating output records, documents, and reports

28
Q

enterprise system

A

a system central to the organization that ensures information can be shared across all business functions and all levels of management to support the running and managing of a business

29
Q

Supply chain management (SCM)

A

A system that includes planning, executing, and controlling all activities involved in raw material sourcing and procurement, converting raw materials to finished products, and warehousing and delivering finished product to customers

30
Q

Customer relationship management (CRM) software

A

automates and integrates the functions of sales, marketing, and service in an organization to capture data about every contact a company has with a customer and store it in the CRM system so the company can truly understand customer actions

31
Q

What are the key features of a CRM system?

A
  • Contact management
  • Sales management
  • Customer support
  • Marketing automation
  • Analysis
  • Social networking
  • Access by smartphones
  • Import contact data
32
Q

Product lifecycle management (PLM)

A

An enterprise business strategy that creates a common repository of product information and processes to support the collaborative creation, management, dissemination, and use of product and packaging definition information

33
Q

Product lifecycle Management (PLM) software

A

manages product data from design through disposal of product