IT Management Flashcards
Describe the information age
infinite quantities of facts are widely available to anyone who can use a computer.
information age and the differences among data,
structured and unstructured data
information age and the difference among information,
The simple difference between data and information is that computers or machines need data and humans need information
what is business intelligence
information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making
what is knowledge
includes the skills, experience, and expertise, coupled with information and intelligence, that creates a person’s intellectual resources.
Identify the different departments in a company and why they must work together to achieve success.
accounting, finance, HR, marketing, Ops Mgmt, Sales
Explain systems thinking and how management information systems enable business communications
A system is a collection of parts that link to achieve a common purpose. Systems thinking is a way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part. Feedback is information that returns to its original transmitter (input, transform, or output) and modifies the transmitter’s actions. Feedback helps the system maintain stability.
Define the primary MIS roles along with their associated responsibilities
CIO, oversees and ensures strategic alignment, CKO, collecting and maintaining orgs knowledge. CPO-ethical and legal use of info
cso-security of MIS systems, and CTO speed, accuracy, availability and reliability
Define critical success factors (CSFs) and key performance indicators (KPIs) and explain how managers use them to measure the success of MIS projects.
CSF-high quality products, competitive advantage, reduce product costs, increase cs satisfaction, hire and retain employees
KPI- metrics used for # of product returns, new cs. turnover rates and avg. customer spending
Explain why a business would use metrics to measure the success of strategic initiatives.
they can view SCM, CRM, BPR and ERP metrics which helps make strategic decisions for future
Define the three common business forms
sole proprietorship
partnership
corporation
List and describe the seven departments commonly found in most organizations
hr, sales, marketing, Operations, Business, accounting, Finance,
Describe business processes and their importance to an organization
3 steps: measure, monitor, and assign. it at minimum doubles the gains of a project by increasing efficiency, compliance, standardization and agility
Compare the continuous process improvement model and business process reengineering
BPR - analysis and redesign of workflow within and between enterprises
Continuous - attempts to understand and measure the current process, and make performance improvements accordingly
Describe the importance of business process modeling (or mapping) and business process models
creating either a detailed flow chart, process map, or a graphic description of process showing inputs, tasks, activities in sequence
Explain business process management along with the reason for its importance to an organization
BPM allows business process to be executed more efficiently and measures performance and identifies opportunities. reduces overhead,
what is RAM
computers primary working memory
what is ROM
Read only memory, portion of the primary storage that does not lose its contents when the computer is turned off (ex. memory card, memory stick)
magnetic tape
older secondary storage that uses a thin strip of plastic coated with mag sensitivity recording
what is a hard drive
secondary storage uses discs coated with magnetically sensitive material and housed together
what are optical mediums
CD-ROM, CD-RW, DVD
Explain MIS infrastructure and its three primary types
Includes the plans for how a firm will build, deploy, use, and share its data. Information (support ops), agile (supports change) and sustainable(supports environment)
Identify the three primary areas associated with an information MIS infrastructure
Backup and recovery plan
Disaster recovery plan
Business continuity plan
Describe the characteristics of an agile MIS infrastructure
Accessibility Availability Maintainability Portability Reliability Scalability Usability