Module 1: The Digital World Flashcards
What is an information system?
Information technology comprises of all the hard- and software that a firm uses to achieve its business objectives. Consists of people, organizations and technology factors.
What are the four steps of the problem-solving approach?
- Problem identification
- Solution design
- Solution evaluation and choice
- Implementation
Name common organizational, technology and people problems of business information systems.
- Organizational: outdated business processes, bad culture and attitudes
- Technology: outdated software, aging hardware, bad database capacity
- People: lack of training, compliance issues
Name the four elements of critical thinking
- Maintaining doubt and suspending judgment
- Being aware of different perspectives
- Test alternatives and let experience guide
- Be aware of limitations and skills
Name the five moral dimensions of information age
- Information rights and obligations
- Property rights and obligations
- System quality
- Accountability and control
- Quality of life
What is profiling?
Combining data from multiple sources to create dossiers of detailed information on individuals
What is nonobvious relationship awareness (NORA)?
combining data to find hidden connections that might help identify certain individuals
What is the five-step process of ethical analysis?
- Identify and describe facts
- Define conflct and higher-order values
- Identify stakeholders
- Identify reasonable options
- Identify possible consequences of your options.
What is the EU General data protection regulation?
this piece of regulation requires explicit consent of customers across all firms in EU countries and data on European customers
What is the EU AI Act?
EU regulation for AI that uses a risk=based approach to classify AI systems in 3 risk categories and banning threatful AI systems. First binding AI regulation worldwide.
