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BA 342 lecture final
Chapter 8
27
Business
Undergraduate 3
11/18/2008

Additional Business Flashcards

 


 

Cards

Term
Ad-hoc (on-demand) reports
Definition
Nonroutine reports
Term
Batch processing
Definition
TPS that processes data in batches at fixed periodic intervals
Term
Best practices
Definition
The most successful solutions or problem-solving methods for achieving a business outcome
Term
Bullwhip effect
Definition
Erratic shirts in orders up and down the supply chain
Term
Bundling
Definition
A type of cross-selling in which a combination of products is sold together at a lower price than the combined costs of the individual products
Term
Business Process
Definition
A set of related steps or procedures designed to produce a specific outcome
Term
Comparative reports
Definition
Reports that compare performances of different business units or time periods
Term
Cross-selling
Definition
The marketing of complementary products to customers
Term
Customer Relationship Management (CRM)
Definition
An enterprisewide effort to acquire and retain customer, often supported by IT
Term
Customer touch point
Definition
Any method of interaction with a customer
Term
Drill-down reports
Definition
Reports that show a greater level of detail tha n is included in routine reports
Term
Electronic Data Interchange (EDI)
Definition
A communication standard that enables the electronic transfer of routine documents between business partners
Term
Enterprisee resource planning (ERP) systems
Definition
Software that integrates the planning, management, and use of all resources in the entire enterprise
Term
Exception reports
Definition
Reports that include only information that exceeds certain threshold standards
Term
Funcational area information systems (FAISs)
Definition
A system that provides information to managers (usually midlevel) in the functional areas, in order to support managerial tasks of planning, organizing, and controlling operations
Term
Global information systems
Definition
Interorganizatinal systems that connect companies located in two or more countries
Term
Interorganizational information system (IOS)
Definition
An information system that supports information flow among two or more organizations
Term
Key-indicator reports
Definition
Reports that summarize the performance of critical activities
Term
Online transaction processing (OLTP)
Definition
TPS that process data after transaction occur, frequently in real time
Term
Routine reports
Definition
Reports produced at scheduled intervals
Term
Supply Chain
Definition
The flow of materials, information, money, and services from raw materials suppliers through factories and warehouses to the end customers; inculdes the organizations and processes involved
Term
Supply chain management (SCM)
Definition
The planning, organizing, and optimization of one of more of the supply chain's activities
Term
Trans-border data flow
Definition
The flow of corporate data across nations' boarders
Term
Transaction
Definition
Any business event that generates dat a worth capturing and storing in a database
Term
Transaction processing systems (TPSs)
Definition
Information system that supports routine, core business transactions
Term
Up-selling
Definition
The marketing of higher-value products and services to new or existing customers
Term
Vendor-managed inventory (VMI)
Definition
Strategy in which the supplier monitors a vendor's inventory levels and replenishes products when needed
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