information - Answers One of an organization's most valuable resources oftern confused with
the term data. Collection of data organizer in a way that they have value beyond facts
themselves
process - Answers Set it logically related tasks performed to achieve a defined outcome(turning
data into information is a process)
Data - Answers raw facts that describe the characteristics of an event or object
knowledge - Answers The awareness and understanding of a set of information and the ways
that information can be made useful to support a specific task or reach a decision. The process
of defining relationships among data to create useful information requires knowledge
Alphanumeric data - Answers Numbers letter and other characters
Audio data - Answers Sounds, noises, or tones
image data - Answers Graphic images and pictures
Video data - Answers moving images or pictures
Information System - Answers An information system{IS) is a set of interrelated elements that
collect(input), process, store,disseminate data and information, provides a feedback
mechanism to monitor and control its operations to make sure it continues to meet its goals
and objectives
Computer based information system(CBIS) - Answers A computer based information system is
a single set of hardware, software, databases, networks, people and procedures that are
configured to collect, manipulate, store and process data into information
Organization's technology infrastructure - Answers An organization's technology infrastructure
includes all the hardware, software, databases, networks, people and procedures that are
configured to collect, manipulate, store and process data into information
Components of a computer based information system - Answers Hardware, software, networks,
people, and procedures are part of a business's technology infrastructure
Personal IS - Answers includes information systems that improve the productivity of individual
users
Group IS - Answers Includes information systems that improve communications and support
collaboration among members of a workgroup
Enterprise IS - Answers Includes information systems that organizations use to define
structured interactions among their own employees and or external customers, suppliers,
, government agencies
organization - Answers A group of people that is structured and managed to meet its mission or
set of group goals. There are relationships between members of the organization and their
various activities. Organizations are open system.
Value chains - Answers A series of activities that an organization performs to transform inputs
into outputs. The value of the input in increased.
supply chain - Answers Key value chain in a manufacturing organization
Supply Chain Management (SCM) - Answers encompasses all the activities required to get the
right product into the right consumer's hands in the right quantity at the right time and at the
right cost
Supply chain organizations - Answers Supply chain organizations are linked together through
both physical flows and information flows.
Physical: supplies and raw materials
Information: participants communicating their plans, coordinating their work, and managing the
efficient flow of goods and material.
The information system role in the supply chain process: - Answers .providing input
.Aiding product transformation
.producing output
innovation - Answers The application of new ideas to the products, processes, and activities of
a firm, leading to increased value. A catalyst for the growth and success of an organization. Can
lead to cutting edge products, new revenue streams and increased profits
Sustaining innovation - Answers results in enhancements to existing products, services, and
ways of operating. Enable an organization to continually increase profits, lower costs and gain
market share
disruptive innovation - Answers one that initially provides a lower level of performance than the
marketplace has grown to accept. Improved to provide new performance characteristics
Reengineering - Answers Also called process redesign and business process reengineering
(BPR)
Involves the radical redesign of business processes, organizational structures, information
systems, and values of the organization to achieve a breakthrough in business results