Study guides, Class notes & Summaries

Zara's use of information resources has given it a substantial advantage over its competitors. T or F True S is an example of SAAS (software as a service) T or F True Kodak was once the largest supplier of photographic film. In 2004, it was dropped from the Dow Jones Industrial Average after having been listed for 74 years. Kodak failed to use IT to fend off which one of the following of Porter's 5 competitive forces? Threat of substitute products The blank view conside...

A​ ________ is the smallest component in the computer system data hierarchy. A. field B. record C. file D. bit E. byte D. bit A​ ________ is a component in the computer system data hierarchy that includes content such as Student ID​ 100, Course IS​ 101, and Grade A. A. record B. byte C. bit D. field E. file D. field A​ ________ is a component in the computer system data hierarchy that consists of multiple records of the same type. A. bit B. rec...

Data Streams of raw facts representing events occurring in the organization or the physical environment before they have been organized and arranged into a form that people can understand and use. Knowledge Concepts, experience, and insight that provide a framework for creating, evaluating, and using information. Wisdom The collective and individual experience of applying knowledge to the solution of problems. Tacit Knowledge Expertise and experience of organizational me...

Fact the confirmation or validation of an event or object. Data raw facts that describe the characteristics of an event or object. EX. order date, amount sold, quantity ordered, customer number,price Information data converted into a meaningful and useful context. data that's processed to yield value. EX. best selling product ,best customer, worst selling,worse customer Variable a data that changes over time ex. price and quantity ordered can vary. Business i...

information silo what occurs when one business unit is unable to freely communicate with other business units making it difficult or impossible for organizations to work cross-functionally fact is the confirmation or validation of an event or object Internet of Things (IoT) what is a world where interconnected internet-enabled devices or "things" have the ability to collect and share data without human intervention machine-to-machine (M2M) which of the following terms ...

Workflow tasks, activities, and responsibilities require to execute each steps in a business process Business Process Reengineering (BRP) analysis n redesign of workflow within n between enterprises BPR Goals maintain competitive advantage maintain firm's value chain create value for customers Customer-facing processes (Front-office processes) results in a product or service received by an organization's external customers Fulfilling orders, communication w customer...

Methodology a set of policies, procedures, standards, processes, practices, tools, techniques, and tasks that people apply to technical and management challenges. Waterfall Methodology a sequence of phases in which the output of each phase becomes the input for the next Prototyping a modern design approach where the designers and system users use an iterative approach to building the system. Discovery Prototyping builds a small-scale representation or working model of th...

CIO Oversees all uses of MIS and ensures the strategic alignment of MIS with business goals and objectives CKO Responsible for collecting, maintaining, and distributing the organization's knowledge CPO Responsible for ensuring the ethical and legal use of information CSO Responsible for ensuring the security of MIS systems CTO Responsible for ensuring the throughput, speed, accuracy, availability, and reliability of information technology According to Fas...

Fact The confirmation or validation of an event or object Information Age The present time during which infinite quantities of facts are widely available to anyone who can use a computer Data Raw facts that describe the characteristics of an event or object Information Data converted into a meaningful and useful context Business Intelligence Information collected from multiple sources such as suppliers, customers, partners, and industries, that analyze patterns, ...

When using enigma process data, it collects, cleans, organizes, integrates and analyzes the data. As a result, what is it doing? Machine Learning If a person is searching on the web, all the links they used are being used for what type of data? Clickstream Data What is an example of an external source of data? Government Reports When trying to find a machine that is needed to access the data can be difficult. What is this an example of? Rot What is a logical group...