M3-The Role of IT in Business Flashcards
A distributed (or decentralized) processing environment would be the most beneficial when large volume of data are generated at many (remote) locations and fast access to the data is required. (true or false)
true
In centralized processing, there is always some delay (however small these days) in transmitting large volumes of data or transactions to the central site to be processed and then to be able to access the processed information.
Decentralized processing eliminates that particular problem (although it does present other problems). Note that there seems to be an implied assumption in this question that the (remote) locations need access only to their own local data and not to all of the data for all locations.
In a batch processing system, one of the data input controls would be a report showing exceptions and a control total for all invoices processed in each batch. (true or false)
true
An AIS is best suited to solve problems where there is certainty and clearly defined reporting requirements. (true or false)
true
Enterprise Resource Planning (ERP) is designed to integrate data from all aspects of an organization’s activity. ERP is defined as a cross functional system that integrates and automates the many business processes that must work together in manufacturing, logistics, distribution, accounting, etc. (true or false)
true
“Business Information System” is a general term for information technology that includes hardware, software, networks, people, and data. (true or false)
true
Business Information Systems allow a business to perform the following functions on data:
- collect
- process
- store
- transform
- distribute
Hard copy data outputs such as checks and purchase requisitions that are used for business operations are generally referred to as documents. (true or false)
true
Reports generally represent summary information (such as financial statements), not individual documents. (true or false)
true
A payroll system is a transaction processing system. It may use a database management system to store its data (the data has to go somewhere), but it is not a database management system. (true or false)
true
Transaction processing is the term used to describe processing large numbers of commonly occurring business events in a predefined, highly structured way. Common transaction processing systems include sales, cash receipts, accounts payable, etc. (true or false)
true
Decision support systems are computer based information systems that provide interactive support to managers or others during the decision-making process. (true or false)
true
An Executive Information System (EIS) provides strategic information tailored to the needs of top management. It is not widely used throughout an organization. (true or false)
true
EIS provide senior executives with immediate and easy access to internal and external information to assist the executives in strategic issues such as non routine decisions that may involve analysis of cyclical data, acquisitions and competitor behavior.
Ordering goods or services over the internet from a corporate website is an example of e-commerce. (true or false)
true
Supply Chain Management (SCM) is concerned with four important characteristics for every sale:
what
when
where the goods were delivered
how much the goods cost
Cloud computing involves virtual servers available over the internet. Upfront and maintenance costs are usually much cheaper than a particular software solution installed in-house. Cloud computing is a cost-efficient method to use, maintain and upgrade. (true or false)
true
