PRELIMINARY Flashcards

1
Q

Selling products and services online *not perishable

A

E-commerce

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2
Q

OLAP

A

Online Application Program

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3
Q

DSS

A

Decision Support System

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4
Q

AI

A

Artificial Intelligence

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5
Q

Evolution in computer Hardware

A

Mainframe

Multitasking

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6
Q

Smaller computers

A

Minicomputers
Microcomputers
Personal Computers

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7
Q

Hardware vs Software

A

Intangible and Tangible

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8
Q

==Used to support managerial decision making

A

Hardware

Software

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9
Q

Hardware device that modulates the digital signals from a computer analog signals (telephone system) and vice versa

A

Modem

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10
Q

Virtual systems that enable management to control the operations of the physical system of the firm

A

Information System

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11
Q

Tangible resources such as materials, personnel, machines and money

A

Physical system

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12
Q

Information resources that are used to represent the physical system

A

Virtual system

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13
Q

Physical system of the firm

A

Input resources ➡️ Transformation process ➡️ Output Resources

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14
Q

Firm’s physical system that interacts with its environment by means of physical resource flows

A

Open System

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15
Q

One that does not communicate with its environment

A

Closed system

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16
Q

TPS

A

Transaction Processing Systems

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17
Q

Transaction Processing Systems

A

Data
Information
TPS

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18
Q

Facts and figures that are generally unusable due to their large volume and unrefined nature

A

Data

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19
Q

Processed data that is meaningful; tells users something

A

Information

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20
Q

Processes data that reflects the activities of the firm

A

TPS

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21
Q

MIS

A

Management Information System

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22
Q

Computer-based system that makes information available to users with similar needs

A

MIS

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23
Q

Writing software produces both periodic and special reports

A

Report

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24
Q

Produces information as a simulation of the firms operations

A

Mathematical models

25
Information provided by MIS describes the firm or one of its major systems:
What has happened in the past What is happening now What is likely to happen in the future
26
IOS
Interorganization Information system
27
ISD
Information System Development
28
Formed when a firm interacts with others such as suppliers
IOS
29
Use of electronics to facilitate communication
Office automation
30
Use technology to self-manage clerical tasks such as calendars, address books, etc.
Personal productivity systems
31
Performing activities independent of a particular physical location
Virtual office
32
Assists management in solving a problem
DSS
33
Group-oriented software
Groupware
34
GDSS
Group Decision Support System
35
Combined groupware and the DSS
GDSS
36
The science of providing computers with human intelligence
Artificial Intelligence
37
ERPS
Enterprise Resource Planning System
38
Computer-based system that enables the management of all of the firms resources on an organization-wide basis
ERPS
39
ERPS ex:
12k complaint | SAP-ERP Provider
40
First users were
Clerical users
41
MIS added problem-solvers as-
Users
42
Managerial levels:
Strategic planning level Operational control level Management control level
43
Condition or event that is harmful or potentially harmful to a firm or that is beneficial or potentially beneficial
Problem
44
Outcome of the problem-solving activity
Solution
45
Particular selected course of action
Decision
46
Four phases:
Intelligence activity Design Activity Review Activity Choice activity
47
Search the environment for conditions calling for a solution
Intelligence activity
48
Invent, develop and analyze possible courses of action
Design activity
49
Select a particular course of action from those available
Choice activity
50
Assess past choices
Review activity
51
Future of IT
Reduced cost and increased power on both computers and communications Computers and communications are converging Future computing will be low cost, small in size, mobile and connected
52
General systems model of the firm
Physical resource flow | Virtual resource flow
53
Includes personnel, materials, machines, money
Physical resource flow
54
Includes data, information, and information in the form of decisions
Virtual resource flow
55
Firm's control mechanism include
Performance standards to meet if the firm wants to achieve overall objectives Firm's management Information processor that transform data into information
56
It is composed of the virtual resources
Feedback loop
57
Organizations and individuals that exist outside the firm and have a direct or indirect influence on it
Environmental elements
58
Organizations and individuals that exist outside the firm and have a direct or indirect influence on it
Global organizations
59
Eight environmental elements
``` Government Global community Customers Competitors Stockholders or owners Labor unions Suppliers Financial community ```