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ACIS
Exam 3
89
Business
Undergraduate 1
11/30/2010

Additional Business Flashcards

 


 

Cards

Term
SAP R/3
Definition
an example of an inherent process in a software product licensed by SAP AG Corporation (German). Provides hundreds of programs.
Term
inherent processes
Definition
the processes for using the application are built into the system
Term
Customer relationship management CRM
Definition
application that tracks all interactions with the customer from prospect through follow-up service and support.
Term
customer life cycle
Definition
marketing and sales, customer acquisition, relationship management, and loss/churn.
Term
enterprise resource planning ERP applications
Definition
provide even more integration than CRM. Integrates the primary value chain activities with human resources and accounting. Are truly enterprise-wide. Track customers, process orders, manage inventory, pay employees, and provide general ledger, payable, receivables, and other necessary accounting functions. Represents the ultimate in cross-functional systems.
Term
process blueprint
Definition
in an ERP product, a comprehensive set of inherent processes for organizational activities.
Term
enterprise application integration (EAI)
Definition
applications that support cross-functional buisness processes by integrating existing functional applications. Unlike CRM or ERP, the organization need not replace existing applications; instead layers of software are created to integrate those applications.
Term
the bottom line with BPM
Definition
Most organizations are endorsing BPM and SOA and will gradually move their processes into the BPM framework as they evolve their applications to provide services using SOA standards.
Term
supply chain
Definition
a network of organizations and facilities that transforms raw materials into products delivered to customers.
Term
Supply chain profitability
Definition
the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue
Term
bullwhip effect
Definition
a phenomenon in which the variability in the size and timing of orders increases at each stage up the supply chain, from customer to supplier.
Term
(supply chain) )speed
Definition
the dollar value of goods exchanged in a given period of time.
Term
lead/prospect-generation applications
Definition
include those used to send both mail and email. a sales and marketing app
Term
Lead-tracking applications
Definition
record lead data and product interests and keep records of customer contacts
Term
customer-management application
Definition
to obtain additional sales from existing customers.
Term
product and brand management applications
Definition
most common functional applications in marketing, records of past sales are imported from order processing or accounts receivable systems and compared to projections and other sales estimates. sale trends?
Term
operations applications
Definition
especially prominent for nonmanufacturers, such as distributers, wholesalers, and retailers. Concerned the management of finished-goods inventory and the movement of goods from that inventory.
Term
manufacturing applications
Definition
facilitate the production of goods; include inventory, planning, scheduling, and manufacturing operations.
Term
Inventory applications
Definition
support inventory control, management, and policy.
Term
just-in-time JIT inventory policy
Definition
seeks to have production inputs delivered to the manufacturing site just as they are needed.
Term
bill of materials BOM
Definition
a list of materials that comprise a product
Term
master production schedule MPS
Definition
a plan for producing products, to create MPS company analyzes past sales levels and makes estimates of future sales.
Term
push manufacturing process
Definition
company pushes the products into sales(and customers) according to the MPS.
Term
pull manufacturing process
Definition
products are pulled through manufacturing by demand.
Term
materials requirements planning MRP
Definition
an app that plans the need for materials and inventories of materials used in the manufacturing process.
Term
manufacturing resource planning MRP II
Definition
a follow-up to MRP that includes the planning of materials, personnel, and machinery.
Term
human resource applications
Definition
support recruitment, compensation, assessment, development and training, and planning.
Term
accounting applications
Definition
general ledger, financial reporting, cost accounting, budgeting, accounts receivable, accounts payable, cash management, treasury management
Term
E-commerce
Definition
the buying and selling of goods and services over public and private computer networks
Term
merchant companies
Definition
those that take titles to the goods that they sell, buy goods and resell them
Term
nonmerchant companies
Definition
those that arrange for the purchase and sale of goods without ever owning or taking title to those goods.
Term
B2C or business-to-consumer
Definition
type of merchant company, e-commerce concerns sales between a supplier an a reatil customer(the consumer)
Term
web storefront
Definition
where consumers enter and manage their orders. Amazon.com, rei.com
Term
B2B business-to business
Definition
sales between companies
Term
B2G business to government
Definition
sales between companies and government agencies.
Term
auctions
Definition
match buyers and sellers by using e-commerce version of a standard auction
Term
clearinghouses
Definition
provide goods and services at a stated price and arrange for the delivery of goods, but they never take tutle
Term
electronic exchange
Definition
a type of clearinghouse that matches buyers and sellers; the business process is similar to that of a stock exchange, and buyers make offers to purchase over the same exchange.
Term
disintermediation
Definition
elimination of middle layers in the supply chain
Term
price elasticity
Definition
measure the amount that demand rises or falls with changes in price
Term
channel conflict
Definition
in e-commerce, a conflict, that may result between a manufacturer that wants to sell products directly to consumers and the retailers in the existing sales channels.
Term
price conflict
Definition
in e-commerce, a conflict that may result when manufacturers offer products at prices lower than those available through existing sales channels.
Term
data model
Definition
logistical representation of the structure of the data, contains both a description of both the data and the relationships among the data, akin to a blueprint
Term
entity-relationship (E-R) data model
Definition
most popular technique for creating a data model, developers describe the content of a database by defining the things (entities) that will be stored in the database and the relationships among those entities.
Term
Unified Modeling Language UML
Definition
less popular tool for data modeling
Term
entity
Definition
some thing that the users want to track. (Order, customer, salesperson, and item )
Term
attributes
Definition
describe characteristics of the entity (order Number/order date)
Term
identifier
Definition
an attribute whose value is associated with one and only one entity instance
Term
relationships
Definition
entities have these, order with customer entity and salesperson entity.
Term
entity-relationship E-R diagrams
Definition
used by database designers, all other entities on one type are represented by a single rectangle, a line is used to represent a relationship between two entities.
Term
crow's foot
Definition
the little line, shorthand for the multiple lines between (department and Advisor)
Term
one-to-many (1:N)
Definition
relationships because one department can have many advisors
Term
many-to-many(N:M)
Definition
one advisor can have many students and one student can have many advisors
Term
crow's foot diagram
Definition
A type of entity relationship diagram that uses a crow's foot symbol to designate 1:N relationship
Term
maximum cardinality
Definition
max number of entities that can be involved in a relationship. Common ex are 1:N, N:M, and 1:1
Term
minimum cardinality
Definition
the minimum number of entities that must be involved in a relationship
Term
normalization
Definition
the process of converting poorly structured tables into 2 or more well-structured tables.
Term
data integrity problem
Definition
in a database, the situation that exists when data items disagree with one another. An ex is 2 dif names for the same customer
Term
normal forms
Definition
a classification of tables according to their characteristics
Term
database
Definition
self-describing collection of integrated records
Term
byte
Definition
character of data
Term
columns
Definition
bytes are grouped into these
Term
fields
Definition
also called columns
Term
rows
Definition
columns or fields are grouped into these
Term
records
Definition
rows
Term
table or file
Definition
group of similar rows or records
Term
Access' DBMS (database management system)
Definition
- create tables used to store data
-create forms used for data entry and online display
- enter data directly into tables or via formatted forms
-output info from the tables via forms, queries, and reports.
Term
source documents
Definition
simply the original means of collecting data
Term
metadata
Definition
table structure, first step in starting a new database is to set up this
Term
objects
Definition
tables, queries, forms, and reports
Term
Datasheet view
Definition
allows you to see the data stored in a table
Term
design view
Definition
allows you to see the metadata setup for the table: the field names, data types and other settings that control many aspects of your database.
Term
properties
Definition
define various characteristics of a field
Term
field size
Definition
two characters means they are collecting state abreviations only
Term
input mask
Definition
>LL- means two letters must be entered and shifted to capitol letters
Term
default
Definition
set to VA - only those living in Virginia
Term
required
Definition
if a new record is entered, a value must be entered in the required field or an error message will display
Term
data validation
Definition
set these rules and messages
Term
cardinality
Definition
symbols which identify the number of records that can participate in the relationship
Term
referential integrity
Definition
ex: if i delete a customer record, then Access will automatically delete all related order records.
Term
forms
Definition
created to collect data,format these so tht it meets out exact data entry needs
Term
query
Definition
set of instructions that specifies:
-which data items will appear in the output
-what the order of those items should be
-any calculations performed on the data
-formatting to be applied to the selected data
Term
Query Grid
Definition
bottom portion of the the Query Design View
Term
primary sort key
Definition
used to put the records in order first
Term
secondary sort key
Definition
used to determine the proper order for those two records
Term
To limit output to a subset of records,
Definition
we must use the criteria row of the Query Grid
Term
Show row of Query Grid
Definition
controls whether a column in the query grid will be displayed
Term
?/* in access
Definition
- used to represent a single unknown character
-used to represent one or more unknown characters
Term
NULL
Definition
means empty or blank
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