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Definition
| confirmation or validation of an event or object |
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Definition
| present time where most stuff can be answered by computesr |
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Term
| AMZN, NLFX< and ZAPPOS NOT TECH COMPANIES |
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Definition
| use technology to compete something |
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| part of business recieving biggest benefit from information technology |
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Definition
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| Informatio technology biggest project goal |
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Definition
| reduce acosts and imporve productivity |
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| organization typically operate by _____ |
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| functinal areas are interdependent |
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Definition
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| field concerned with the use of technology in managing and processing information |
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| information technology is an important enablker of business success and innovation |
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Definition
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Term
| Management Information systems |
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Definition
| general name for business function and academic discipline covering the application of people technologies and procedures |
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Definition
| raw facts that describe characteristic of an event |
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Definition
| data converted into a meaningful and useful context |
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Definition
| applications and technologies that are used to gather, provide, access to,m and analyze data and information to support decision making neffots |
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Definition
| way of monitoring the entire system by viewing amultiple inputs being processed or tansformed to produce outputs while continuously providing feedback |
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Definition
threat of substitutes
supplier power
buyer power
threat of new entrants
rivalry amongst existing competitors |
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Definition
low cost broad-walmart
high cost broad-neiman marcus
narrow low cost-payless shoes
high cost narrow-tiffany and co |
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Definition
| managing information between and among stages in a supply chain to maximize total sppuly chain effectiveness and profitability |
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Term
| SCM enables organization to |
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Definition
decrease buyer power
increase own supplier power
increase switching costs to reduce threat of substitute products
increase efficiencies while seeking a competitive advanrage through cost leadership
create entry barriere thereby reducing the threat of new entrants |
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Term
| Customer Relationship Mangement |
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Definition
| invovles managing all aspects of a customer's relationship with an organziation to icnrease customer loyalty and retention and an organziation profitability |
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Definition
identify customer types
design individual marketing campaigns
treate each customer as an individual
understand customer buying behavior |
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Definition
| standardized set of activities that accomplish a specific task |
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Term
| BUsiness Process Reengineering (BRP) |
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Definition
analysis and redesignof workflow within and between enterprises
Purpose of BPR is to make all business processes best in class |
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Term
| Enterprise Resource Planning |
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Definition
| INtegreates all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprisewide information on all business operations |
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Definition
| individual, department, enterprise goals, expenses, strategies etc |
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| document, presentation, spreadsheet, database, fazes memos, product ales |
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Term
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Definition
| detail (fine), summary, aggregate (coarse) |
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Definition
| airline ticket, sales receipt, packing slip |
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Definition
| product statistics, sales projections, future growth, trends |
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Definition
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Definition
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Definition
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Definition
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Definition
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| duscusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers |
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Definition
| agents software or businesses that provide a trading infrastructure to bring buyers and sellers tecether |
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Definition
| tracks exact pattern of a consumer;s navigation through a website |
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Definition
| plan to create, deliver, and generate revenues on the internet |
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Definition
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Definition
| advertising, license, subscription, transaction, value added services |
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Term
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Definition
user contributed content, repution system
collaboration
tacit knowledge
explicit knowledge
crowdsourcing |
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Term
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Definition
| based on intelligent web application using natural language processing, machine based learning, and reasoning, and intelligence applications |
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Term
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Definition
| Component of Web 2.0 that describes things in a way that computers can understand |
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Term
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Definition
| activity based process in which each phase in the SDLC is performed sequentially from planning through implementationa nd maintenace |
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Term
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Definition
early and continuous delivery of valuable software that wil satisfy the customer
changing requirement are wlecome
business people and developers work together
projects need motivated individuals
use self-organizing teams
reflect on how to become more effective |
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Term
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Definition
1. unclear or missing business requirements
skipping SDLC phases
3. faiilure to manage project skope
4. failure to manage project plan
5. changing technology |
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