MIS Final Flashcards
What are the 4 elements of relational databases
- ) Primary Key
- ) Attributes
- ) Relationships
- ) Entities
Entities
What we want to capture information about
Attributes
The information / characteristics we want to capture
What are the 2 types of collaboration?
- ) Unstructured Collaboration
2. ) Structured Collaboration
Unstructured Collaboration
Focuses on sharing information to facilitate the completion of general tasks
Structured Collaboration
Collaboration where individuals participating in business process activities share information and coordinate their efforts as they transact business
What are the 4 types of collaboration software?
- ) Content Management Systems
- ) Workflow Management Systems
- ) Groupware Systems
- ) Knowledge Management Systems
Content Management Systems
Applications used to create, store, edit, control, and publish information on the internet, extranet, and intranet websites
Workflow Management Systems
Applications that control the movement of information through specific business processes
Groupware Systems
Applications that facilitate information sharing and interactions between members of a workgroup
Knowledge Management Systems
Applications that support the creation, capturing, evaluation, storage, retrieval, and application of knowledge and information in the organization
What are the benefits of collaboration systems?
Companies that effectively use collaboration systems realize important business benefits as they closely collaborate amongst team members in the process and project work
What are the 5 phases of the project management process?
- ) Initiation
- ) Planning
- ) Execution
- ) Monitoring
- ) Closedown
What are 3 constraints projects deal with?
- ) Time
- ) Cost
- ) Scope
Business Process
A systematic way of organizing resources and effort to ensure the appropriate flow of information and materials to produce a product or service
ERP system, BI systems, and Knowledge Management Systems are examples of what
Collaboration systems
What do data warehouses do?
Extract, cleans, and store subset of data from enterprise systems and other systems that can then be used by BI applications
What did ERP systems originally evolve from in the 90s?
Manufacturing resource planning
Which of the following (Lessons learned summary, work breakdown structure documentation, PMBOK guide, Project definition / charter) is an important deliverable of the planning phase of project management
Work breakdown structure documentation
Porter’s Five Forces
- ) Bargaining Power of Suppliers
- ) Bargaining Power of Buyers
- ) Competitive Rivalry
- ) Threat of Substitution
- ) Threat of New Entry
Loyalty Programs and frequent shopper programs apply to which of Porter’s 5 Forces?
Bargaining Power of Buyers
What are the IS Triangle
- ) People
- ) Process
- ) Technology
Which of the Enterprise systems we discussed promotes the integration of external and internal info, for example to improve vendor relationship management?
Supply Chain Management
What type of systems support pre-sale processes by tracking sales representatives interaction with customer leads?
CRM system
The VAI video from Smith Drug Company illustrates…
The effectiveness of CRM and the importance of people and processes.
In most cases, when you interact with an IS system, you are interacting with a ____________
Database
What are the Core Skills of a Business Analyst?
Requirements gathering and specification, business analysis, and analyzing and solving problems
What is a central feature of all ERP systems?
A shared database that supports multiple functions used by different business units
What is each instance of an entity called?
A record
What are like adjectives and describe entities?
Attributes
What are relational databases made up of?
A group of related entities
What in relational databases are like nouns?
Entities
What is the purpose of a database?
Collect, organize, analyze and retrieve data, support decision making, and gain insight from data
What is the first step in supporting business processes and decision making?
Data collection and storage
What is the ultimate goal of creating databases?
Data analysis and information retrieval
What is the key to databases?
To use them to analyze the data collected and stored to make better decisions
What happens in the initiation stage of project management?
Assess size, scope, and complexity and establish procedures
What happens in the plan stage of project management?
Define clear, discrete activities and the work needed to complete each activity
What happens in the execute stage of project management?
Plans are put into action; do the work
What happens in the monitor stage of project management?
Measurement of project performance; track your progress
What happens in the closedown stage of project management?
Bring the project to an end. Conduct Review
What are the 3 Major Information Systems in Business?
- ) Collaboration Systems
- ) Business Intelligence
- ) Enterprise Systems
What is the purpose of Collaboration systems?
To enable people to work together more effectively by facilitating sharing of information, ideas, and knowledge
What is the purpose of Business Intelligence Systems?
Strategically utilize consolidation transaction and other business data to support decision making
What are enterprise systems?
Software that integrates functional systems into a single system supported by one database to serve the needs of all functional areas in a business and support both primary and secondary activities of the value chain
What are the 3 types of Enterprise Systems?
- ) SCM (Supply Chain Management)
- ) CRM (Customer Relationship Management)
- ) ERP (Enterprise Resource Planning)
What are CRM systems?
Software that support value chain activities involving customer interaction and also provide “back office” analytical and reporting tools to help businesses better understand and profile customers
What do SCM systems do?
Integrate inbound and outbound logistics activities across the various suppliers, manufacturers, distributors, and customers. Collecting, analyzing, and distributing transactional information from all parts of the value chain and making them available to the business, its suppliers, and its customers.
What are ERP systems?
Software that integrates functional systems into a single system supported by one database to serve the needs of all functional areas in a business
What are the drivers of MIS?
- ) Strategic Level Drivers
2. ) Operational Level Drivers
What does BPM stand for?
Business Process Management
What are the 3 Core Benefits of BPM?
- ) Efficiency
- ) Effectiveness
- ) Agility
Are Operational Drivers tactical or strategic?
Tactical
Are Situational Drivers tactical or strategic?
Strategic
What are operational drivers?
the need to increase efficiency
What are situational drivers?
The need to evaluate potential new business ventures or business offerings
What are the 3 main Project Characteristics?
- ) Progressive
- ) Unique
- ) Temporary
What are the 2 goals of BPM?
- ) Deliver more revenue
2. ) Deliver more value
Who are the main users of CRM?
- ) Sales
- ) Marketing
- ) Customer Service
Who are the main users of ERP?
- ) Sales
- ) Finance
- ) Logistics
- ) Production
Who are the main users of SCM?
- ) Customers
- ) Resellers
- ) Partners
- ) Suppliers
- ) Distributors
What are the 5 Stages of the SDLC?
- ) Planning
- ) Analysis
- ) Design
- ) Development
- ) Implementation
What happens in the Planning Stage of the SDLC?
Aligning with key objectives, estimate scope, refine objectives, define course of action
What happens in the Analysis Stage of the SDLC?
As-Is / To-Be, Situational analysis, Develop requirements
What happens in the Design Stage of the SDLC?
Blueprints for the development phase
What happens in the Development Stage of the SDLC?
Software is built from blueprints
What happens in the Implementation Stage of the SDLC?
Bugs are worked out
What are the benefits of using BI systems?
Improves the quality of business decisions. Direct impact on costs and revenue
What are KPIs used for?
Evaluate the effectiveness of business processes
What stage of project management does collection and refining happen in?
The planning phase
What stage of project management does identifying stakeholders happen in?
The initiation phase
What are 3 Challenges of Enterprise Systems?
- ) Costly and Timely
- ) Resistance to Change
- ) Ineffective Implementation can hurt a business
What type of collaboration system is Basecamp?
Unstructured because anyone in the group can post whatever. Doesn’t follow an exact timeline or checklist
What are 3 Benefits of Enterprise Systems?
- ) Efficiency
- ) Eliminates Manual Data Entry
- ) Tighter Controls
3 Departments involved in selling to customers
- ) Sales
- ) Accounting - Records Sale
- ) Customer Servcei