Roles of IT in Business Flashcards
(77 cards)
Governance is primarily the responsibility of?
Board of directors
Selling a digitized product (online book for example) can decrease its _____ and improve its ______.
Decrease its costs and improve quality
Digitization is a description of how ______ is changing in business.
Technology
Processes and structures, implemented by the board, to achieve organizational goals.
Governance
What concerns the transformation of nonelectric data to electronic form?
Digitization
Describe scope and scalability. How are they different?
Scope - concerns whether a system is built too small or too large
Scalability - concerns whether a system can expand with growth.
When a customer database spreadsheet can’t keep up with rapid growth of a business, this issue is related to?
Scope and scalability
Lack of strategic focus relates to an unnecessary task. See example on flashcard.
Gus McCrae, an accountant at Lonesome Dove Cattle Ranch, builds a spreadsheet to track cow movements between locations. However, there are so few movements of cattle between locations that the spreadsheet is unhelpful.
Management reporting systems exist to aid decisions and reporting. What is the most important design element in creating a management reporting system?
Types of decisions to be made
What are five different types of IT systems? These are system types based on activity.
- Operational systems
- Management Info Systems (MIS)
- Decision Support Systems (DSSs)
- Knowledge work systems
- Enterprise Resource Planning Systems (ERPs)
Transaction processing systems (TPS) would fall under which category of systems?
Operational systems
Accounting Information systems (AISs) would fall under which category of systems?
Accounting information systems (AISs)
Executive support systems (ESSs), data-driven DDSs, model-driven DSSs, and group support systems GSSs would fall under which category of systems?
Decision support systems (DSSs)
Office automation systems (OASs) would fall under which category of systems?
Knowledge work systems
Which IT system would be most appropriate for examining large sets of data?
Data-driven DSSs
This system supports the day-to-day activities of the business (purchasing of goods and services, manufacturing activities, sales to customers, cash collections, payroll, # of hours employees worked, etc.)
Transaction processing system (TPS)
This system provides information to mid- and upper-level management to assist them in managing non-routine problems and in long-range planning.
Decision support system (DSS)
This system provides generic support to clerical level employees and include many of the typical programs found on personal computers (word processing, spreadsheets, end-user databases, etc.).
Office automation system (OAS)
What is a key characteristic of a non-financial transaction?
No debit or credit entry made. Example: sending purchase order to vendor to purchase an item for re-sale
This system takes planning information (budgets, forecasts, etc.) data and compare it to actual results in periodic management reports (summary reports, variance reports, and exception reports?
MIS. Similar to budget system.
Which system will include external data? Which system places a great emphasis on external information.
ESS (Executive support system)
This system is designed to support routine management problems based primarily on data from transaction processing systems and, thus, would not be appropriate to provide support for this type of decision.
MIS (management info system)
This system facilitates the work of professional level employees (engineers, accountants, attorneys, etc.) by providing information relevant to their day-to-day activities (e.g., how the company has handled specific types of audit exceptions) and/or by automating some of their routine functions and, thus, would not be appropriate to provide support for this type of decision.
Knowledge management system (KMS)
This system provides information to mid- and upper-level management to assist them in managing non-routine problems and in long-range planning.
Decision support system (DSS)