Term
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Definition
| Facts that are collected, recorded, stored, and processed by an information system |
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Term
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Definition
| Data that has been organized and processed |
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Term
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Definition
| a set of two or more interreleated components taht interact to achieve a goal |
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Term
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Definition
1.) People who operate the system
2.) Procedures and Instructions involved in collecting, processing, and storing data
3.) Data about the org. and its business processes
4.) The software used to process the organization's data
5.) The IT infrastructure, including CPU's
6.) The internal controls and security measures that safeguard the data |
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Term
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Definition
1.) Inbound Logistics (receiving and storing materials)
2.) Operations (Manufacturing and repackaging)
3.) Outbound Logistics (Distribution and shipping)
4.) Marketing and Sales (Advertising and Selling)
5.) Service (Repair and Maintenance) |
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Term
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Definition
1.) Firm infrastructure
2.) Human resources
3.) Technology
4.) Purchasing |
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Term
| Variety-based strategic position |
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Definition
| Producing a subset of the industry's products or services |
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Term
| Needs-based strategic position |
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Definition
| Trying to serve most or all of the needs of a particular group of customers in a target market |
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Term
| Access-based strategic position |
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Definition
| serving a subset of customers who differ from other customers in terms of factors such as geographic location or size. |
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Term
| Four types of Data Processing |
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Definition
CRUD
C - creating
R - Reading
U - Updating
D - Deleting |
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Term
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Definition
| Shows projected cash inflows and outflows. Useful for projecting short-term borrowing. |
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Term
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Definition
| Expresses goals in financial terms. |
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Term
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Definition
| a graphical description of the source and destination of data that shows data flow within an organization, the processes performed on the data, and how data are stored |
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Term
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Definition
| a graphical description of the flow of documents and information between departments or areas of responsibility within an org. |
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Term
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Definition
| Graphical description of the relationship among the input, processing, and output in an information system |
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Term
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Definition
| Graphical description of the sequence of logical operations that a computer performs as it executes a program |
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Term
| Organizations collect data about... |
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Definition
a.) events that occur
b.) resources that are affected by the events
c.) agents who participate in the events |
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Term
| Data processing cycle consists of four steps... |
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Definition
1.) Data input
2.) Data storage
3.) Data processing
4.) Information output |
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Term
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Definition
| file that stores cumulative information about an organization's entities |
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Term
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Definition
| file that contains records of individual transactions that occur during a fiscal year. |
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