W5: IS, Operations and Business Transformation Flashcards

1
Q

What is cloud computing

A

delivery of different services through the Internet, including data storage, servers, databases, networking, and software. Rather than keeping files on a proprietary hard drive or local storage device

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2
Q

what is analytics

A

algorithms for connecting data

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3
Q

what is blockchain

A

Blockchain is a scalable decentralized digital ledger(record keeper) that records transactions across multiple computers in a way that is secure and transparent.

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4
Q

what is IoT

A

enabling phisical things to be digitally connected, monitored and controlled (sensors etc)

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5
Q

what are web 1.0, 2.0, 3.0, 4.0

A

1.0 internet - Online interaction
2.0 internet + social networking platforms/apps - user generated content
3.0 internet + cloud + blockchain - decentralised, scalable, computing power
4.0 - internet + AI - Intelligent web

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6
Q

explain and draw the boddy et al strategic alignement model

A

Slide 329

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7
Q

explain and draw the henderson and venkatramans strategic alignement model

A

slide 330

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8
Q

what are the 7 parts of an IT infrastructure ecosystem

A
  • data management and storage
  • internet platforms
  • computing hardware platforms
  • operating systems platforms
  • enterprise software applications
  • networking/telecommunications
  • consultants and system integrators
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9
Q

What are enterprise systems

A
  • collect data from different parts of the organisation
  • enable coordination, communication and some decentralisation of decisions through data
  • Put processes into operation, not just database
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10
Q

4 benefits/values of ERPs

A
  • firm wide decision making support
  • rapid customer request responses
  • can improve operational excellence and customer intimacy
  • evaluate overall organisational behaviour
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11
Q

2 types of implementation processes

A
  • bottom up - one functional module of an EIS at a time
  • top down - enterprise wide roll out (big bang)
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12
Q

3 reasons for business process redesign

A
  • ICT enabled business transformation
  • part of business and IT realignement
  • full business model redesign
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13
Q

what are the 3 key business process redesign principles which managers must ensure

A
  • strategy is driven by customers
  • redesigned process creates value for customers
  • IS supports strategy
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14
Q

Difference between ICT and IS

A

Information and Communication Technology (ICT) broadly encompasses all technologies used to handle telecommunications, broadcast media, audio-visual processing and transmission systems, while Information Systems (IS) is a discipline focusing on the integration of computer systems and software to manage and analyze data.

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15
Q

What are business processes - 4 points

A
  • how work is organised, coordinated and focused to create valuable products
  • concrete set of work flows and activities
  • the ways that management chose to coordinate work
  • can be functional, cross functional, internal or external
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