CITM 102 Business Information Systems
Midterm with Roger de Peiza actual
solution guide Toronto Metropolitan
University
, digital firm - --nearly all of the organizations significant business relationships with a customer, supplier
and employee are digitally enabled
business process - --related tasks and behaviors businesses develop over time to produce specific
business results
key corporate assets - --itellectual property, core competicites, financing and human resources
operational excellence - --businesses work to seek efficiency and higher profitability
competitive advantage - --delivering better performance, charging less for superior products and
responding to customers and suppliers in real time can give you a...
information technology - --any hardware and software a firm needs to successfully run a business
information system - --set of interrelated components that collect, sort, process and distribute to
support decision making
input - --captures or collects raw data from an external environment
processing - --converts raw data into the meaningful form
output - --transfers the data back to people who use it or the activities its used for
feedback - --output returned to correct the input/processing stage
Midterm with Roger de Peiza actual
solution guide Toronto Metropolitan
University
, digital firm - --nearly all of the organizations significant business relationships with a customer, supplier
and employee are digitally enabled
business process - --related tasks and behaviors businesses develop over time to produce specific
business results
key corporate assets - --itellectual property, core competicites, financing and human resources
operational excellence - --businesses work to seek efficiency and higher profitability
competitive advantage - --delivering better performance, charging less for superior products and
responding to customers and suppliers in real time can give you a...
information technology - --any hardware and software a firm needs to successfully run a business
information system - --set of interrelated components that collect, sort, process and distribute to
support decision making
input - --captures or collects raw data from an external environment
processing - --converts raw data into the meaningful form
output - --transfers the data back to people who use it or the activities its used for
feedback - --output returned to correct the input/processing stage
