Textbook Flashcards
What does ‘process aware’ mean?
To be process aware means to view their actions in regards to the larger business process and to think about how they can improve the process
What is a business process/system?
A series of tasks/activities/actions/steps designed to produce a product or service
Describe the 4 components of a business process?
Activities - Manual actions (people following procedures), automated or controlled procedures done by a computer or some combination of the two.
Resources - Items of value (people working, cash, inventory etc).
Facilities - Structures used within the the business process. Resources can be stored in them Eg. factories, filing cabinets, pieces of equipment, truck and in the case of digital resources data bases and inventories can be included
Information - Activities use information to to determine how to transform inputs received into outputs produced.
Which of the 4 categories of the business process would suppliers and and customers fit into?
Resources because they provide value to the business process. They are not considered activities because they are an external part of the process and not under direct control.
What is information?
data presented in meaningful context, knowledge derived from data, processed data.
What characteristics must information have to be useful?
It must be timely, relevant, just barely sufficient (not too much so as to overwhelm) and worth its cost.
What are the 3 decision making levels?
Operational, Managerial and strategic levels.
What are operational decisions? what is the IS called that supports these?
day to day activities such as ordering more stock, deciding who to extend credit to, which invoices should we pay today? etc. The IS supporting these is called transaction processing systems (TPS)
What are managerial decisions? What is the IS called that supports them?
These concern the allocation and utilization of resources. eg how much should we budget for computers next year? how many people should we assign to x project? How much warehouse space will we need next year? etc. The IS that supports managerial decisions is called Management information systems (MIS)
What are strategic decisions?
Concerns broader organizational issues. Eg, Should we start a new product line? Should we open a new centralized warehouse? Should we acquire company A?
What’s the difference between a structured decision and an unstructured decision?
A structured decision is one with a understood and and accepted method for making the decision. eg a formulated ordering of new stock. an unstructured decision is one with no agreed upon decision making method. Prediction method varies from person to person. eg, hiring or deciding future of company etc
What’s the difference between efficiency and effectiveness?
efficiency - “doing things right”. using just the right amount of resources to to complete the job satisfactorily.
effectiveness - “doing the right things” improving or offering new goods and services.
What is a value chain?
A network of activities that improve the effectiveness of of a good or service.
What is backward and forward integration?
backward integration is when a business who deals with a good moves a step back in the value chain ie a coffee store starts growing it’s ow coffee or a car dealership starts manufacturing it’s own cars. forward integration is when a business moves forward one step in the value chain ie a mining company starts cutting and and finishing their own diamonds.
What are primary activities?
activities which directly add value to the product. eg shipping materials, designing, manufacturing the product etc.
What are support activities?
Activities that indirectly add value to the product eg paying the workers, maintenance, management etc
What is the 5 forces model?
There are 5 competitive forces that determine industry profitability; bargaining power of customers, threat of substitution, bargaining power of suppliers, threat of new entrants and rivalry among existing firms.
What is diffusion of innovation?
The process by which an innovation is communicated through certain channels over time by the members of a social system. It happens in 5 stages; 1. knowledge 2 persuasion 3. decision 4. implementation 5. confirmation
What is a cache?
A cache is of very fast memory that stores frequently used instructions. larger cache = faster computer but more expensive. Stored in CPU.
What does volatile refer to when talking about memory?
volatile memory refers to the cache and main memory both of which are lost when the power goes off.
What’s the difference between Horizontal and Vertical market applications?
Horizontal market applications are general programs used across many different organizations and industries. eg power point, excel etc. Vertical market applications are designed for one specific industry eg dentistry or mechanics and fix a niche problem. they are often customized or tailored to a specific firm
What is firmware?
software that is installed into devices such as printers, controllers etc. It i installed in read only memory (ROM)
What is BIOS?
Basic input/output system that is used when the computer is first booted up. It is required because all volatile memory is lost when the computer is unpowered so the BIOS offers instructions to restart etc.
Whats the difference between thin and thick clients?
thin and thick refer to the amount of codethat must run on the client computer. applications that require nothing but a browser are considered thin where as thick may have some othrer part downloaded
What is content?
- Difficult to define
- Something of value and can be considered an asset. - — Related to intellectual property
- depends on industry
- examples include pictures, account info or words
Why are content management systems important?
HElp organizations ensure that data collected is acurate, organized and presentable.
What is a database?
A self describing collection of integrated records.
What is a key?
A key is a column that identifies a unique row within the database/spreadsheet. necessary for every database table.
What are foreign keys?
keys from another table than the one they are found in
What are relational databases?
tables that represent relationships using foreign keys
What is meta data?
data that describes other data. eg notes about data or a table or a column that explains the data type. included in every database
What is a database application?
A collection of forms, reports, queries and application programs. May have multiple applications per database.
What is the lost update problem in database management systems?
When 2 or more users are accessing th database information inputted from one can be lost if they are trying to both input to the same table etc.
What are the 5 components of an information system in order?
Hardware, Software, Data Procedures, people