Study Flashcards
GAAP
Generally Accepted Accounting Principles
Production/operations department
Determine how, what, where, when to produce goods/services.
Principle concern of Research and Development dept.
commercial yield
enhance current or develop new products/services
cost reduction
3 types of R&D
Basic research - review suitability of current solutions
Applied research - developing a commercial product
Development research - use results of research to produce, create prototypes
Marketing dept tasks
set pricing
promoting products/services
advertising/branding
TPS
Transaction Processing System
Strategic reports
long term planning
Tactical reports
actions that serve a larger purpose
TPS data usually generates Tactical reports
CRM
Customer Relationship Management system
The aspects of CRM
Technology
Strategy
Process
DSS
Decision Support Systems
assist in decision making
uses TPS data
3 elements needed by DSS
Business Intelligence
Data Analytics
Data Management Capabilities
IT challenges related to business
Too much data
Too many options
Unskilled Team members
Technical Support
CWH
Cloud Web Hosting
IT Innovations for Business
Data Housing/Management - Cloud
Communications
CRM - improve business relationships with clients
Product Development - CAD/CAM software
Cost Effective Process - improve speed and automation
copyright
ownership
Trademark
designs/words that identify a product
Patent
protects right of inventor
Trade Secret
private information
FERPA
protects rights of student records
HIPAA
protects health records
SOX
regulate accounting practices
CIO
Strategic planning, project management
align infrastructure with business objectives
interacts mostly with internal customers
CSO
Chief Security Officer
Physical Security, safety of employees, facilities, assets
CISO
Chief Information Security Officer
Focus on security of data/information
Ensure backups
Determine access rights
CTO
Chief Technology Officer
Manage IT Engineering Group
Top Technology Architect
IT/IT Project Manager
In charge of Application Dev teams
KMS
Knowledge Management System
organize, create, distribute collective knowledge
like private search engine
qualitative ROI
negative avoidance scenario
address intangible values such as data loss, lower efficiencies
3 main levels of security
data level
system level
user level
4 attributes of big data
volume - amount of data
variety - form of data, structured, unstructured
veracity - quality and trustworthiness of data
velocity - speed data are created
ETL
Extract - data source
Transform - alter data to make it fit into structured table
Load - load into data warehouse
Hadoop
distributed file system for big data
best for large companies
Tableau
dashboarding software
scrubbing data
transforming into accurate, clean, error free form
data governance
managing availability, integrity, security of data
MDM
Master Data Management
process/methodology to manage decision making data
nine steps in app development
outline research mock-up GUI structure code launch extend reach revise/update