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
describe 3 types of networks
LAN, WAN, MAN
local, wide, metropolitan
local - within a building, Wide within the country, metropolitian, within a city
what is TCP / IP
transmission control protocol/ internet protocol provides technical foundation for the public internet as well as priv networks
Describe the relationship between information security policies and an information security plan
Information security policies are developed for people to combat insider issues. by creating a policy you create a plan for security
Provide an example of each of the three primary security areas: (1) authentication and authorization, (2) prevention and resistance, and (3) detection and response
Authentication & authorization: user id & Pass
Prevention & Resistance: firewalls, encryption
Detection & Response: intrusion detection software
Identify the six policies an organization should implement to protect themselves
Ethical computer use, email privacy policy, information privacy policy, social media policy, acceptable use policy, workplace monitoring policy
Explain operations management role in business
forcasting, ops mgmt, scheduling, capacity planning, inventory, quality, training
Identify the environmental impacts associated with MIS
increased electronic waste, increased energy consumption, increased carbon emissions.
Describe the five characteristics of competitive priorities
cost, quality, delivery, flexibility, service
Explain the three components of a sustainable MIS infrastructures along with their business benefits
grid computing: computers georgraphically dispersed coordinated to solve problem. cloud computing single instance of a system serves mutliple customers. virtualized computing: creates multiple virtual machines on a single compuer
Compare tactical, operational, and strategic BI
daily, short term, long term. users for ops is managers, analysts. execs and mgr for tactical and strategic
Describe the four categories of BI business benefits
Quantifiable benefits
Indirectly quantifiable benefits
Unpredictable benefits
Intangible benefits
Explain the cultural, political, and geoeconomic challenges facing global businesses
cultural: language, religion customs etc. Political: Tax, import/export rules, trade agreements. Geoeconomic effects of georgraphic regions on business
Describe the four global IT business drivers that should be included in all IT strategies
Nature of the industry, competitive factors, enviromental factors
Describe governance and compliance and the associated frameworks an organization can implement
governance-method or system of gov’t for mgmt or control. Compliance is yielding or conforming. CoBit: IS audit & Control, ITIL: IT Infras library COSO: comittoee of sponsoring orgs CMMI: Capability maturity model integration
Identify why an organization would need to understand global enterprise architectures when expanding operations abroad
includes the plans for how an organization will build, deploy, use, and share its data, processes, and IT assets
Explain the many different global information issues an organization might encounter as it conducts business abroad
authentication, access control, encryption. regulatory issues, technology and country orientated issues.
Identify global system development issues organizations should understand before building a global system
country dev systems into global dev systems. multinational dev teams, centers of excellence, outsource dev work
Explain why businesses use trends to assess the future
emerging trends and new technologies as they relate to business can help an organization anticipate and prepare for the future
Identify the global trends that will have the greatest impact on future business
World’s population will double in the next 40 years
People in developed countries are living longer
Growth in information industries is creating a knowledge-dependent global society
The global economy is becoming more integrated
The economy and society are dominated by technology
Pace of technological innovation is increasing
Time is becoming one of the most precious commodities
Identify the technologies that will have the greatest impact on future business
new technologies, automation and demand for scientists, engineers and technicians will continue to grow.