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Field concerenced with the use of tech in managing and processing information. |
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Management Information Systems |
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General name for the business function in academic disaplin covering the application of people tech and proceduers to solve business problems |
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Data converted into meaningful context |
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refers to applications in technology used to gather provide access and analyze data and info to support decision making efforts |
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Chief Information Officer
Overseeing use of information tech
insuraning strategic alliance of business goals and objectives |
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Chief Tech Officer
Insurce the throughput, speed, accuracy, availability, and reliability of an organizations info technology |
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Chief Security Offficer
Insurces security of IT systems
PRotects from hackers and viruses |
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Cheif Privacy Officer
ensuaring ethical and legal use of info
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Chief knowledge Officer
Collecting maintaing and distributing knowledge |
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Key Performance Indicators
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measures that are tied to business drivers |
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Impact IT has on business processes |
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process of measuring system results |
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product or service that an organizations custumers place a greater value on than simalir offerings from a competitior |
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being the first to market with a competitive advantage |
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acquisition and analysis of events and trends in the enviornment external to an orginization |
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Refer to model look in book page 20 |
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consists of all parties involved directly or indirectly in the procurement of a product or raw materials |
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is a B2B marketplace in where a single buyer posts its needs opens bids to any supplier that would care to bid |
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threat of substitute products or services |
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cost that can make customers switch to another product |
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standarized set of activites that accomplish a specific task |
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simplified representation of reality |
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transactional information |
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encompasses all of the information contained within a single business process or unit of work and its primary purpose is to support the performing of daily operational tasks |
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encompasses all organizational information and its primary purpose is to support the perfomance of managerial analysis tasks |
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Online Transaction Processing |
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is capturing of transactions and event information using tech to process the info according to defined business roles
2 store info
3update exsisting info to reflect new info |
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transaction processinf system |
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basic business system that serves the operational level (analysist) in an organization |
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Online Analytical Processing |
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the manipulation of info to create business intel in support of strategic decision making |
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info to support mangers during the decision making process |
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the study of the impacts that changes in 1 or more parts of the model have on other parts of the models |
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checks the impact of a change in an assumption on the proposed solution |
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imputs necessary to achieve a goal |
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