Study guides, Class notes & Summaries

Business Strategy leadership plan that achieves a specific set of goals/objectives as displaced Competitive Advantage feature of a product/service on which customers place a greater value than they do on similar offerings from competitors Ways companies duplicate competitive advantage acquiring new tech copy the business operations hiring away key employees First-Mover advantage company can significantly increase its market share by being first with a new competitive a...

Knowledge worker A job opening for someone who​ "has the ability to use analytical reasoning and relevant judgment to address customer service​ issues, as well as generate new​ ideas," would be best filled by​ a(n) ________. Intranet Using Internet technology to create an internal system is called​ a(n) ________. information A raw fact shaped into a meaningful form is​ strategic business objective A company that produces a new​ low-cost product based on i...

A ____ helps break down a complex process into simpler, more manageable, and more understandable subprocesses. data flow diagram ____ is a method for developing software applications and information system projects in which the project is divided into smaller functions and developers can not go on to the next phase until the current phase is finished. XP During the ____ phase, the solution is transferred from paper to action, and the team configures the system and procures compon...

A ____ helps break down a complex process into simpler, more manageable, and more understandable subprocesses. data flow diagram ____ is a method for developing software applications and information system projects in which the project is divided into smaller functions and developers can not go on to the next phase until the current phase is finished. XP During the ____ phase, the solution is transferred from paper to action, and the team configures the system and procures compon...

Business Strategy: A leadership plan that achieves a specific set of goals or objects. Identifying Competitive Advantages: 1. Decreasing costs 2. Attracting new costumers 3. Increasing customer loyalty 4. Increasing sales 5. Developing new products or services 6. Entering new markets Competitive Advantage: A product or service that an organization's costumers place a great value on than similar offerings from a competitor. First-Mover Advantage: Occurs when an orga...

CIS 2200 MIDTERM EXAM QUESTIONS AND ANSWERS.|GUARANTEED SUCCESS

Supply chain visibility is the ability to view all areas up and down the supply chain. Changing the supply chains requires a comprehensive strategy buoyed by information technology. bullwhip effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain Demand planning software generates demand forecast using statistical tools and forecasting techniques Supply chain planning software uses advanced mathematical algor...

CPU (central processing unit) the part of the system unit of a computer that is responsible for data processing (brains of the computer). largest and most important chip in the computer. controls all the functions performed by the computer's other components and process all the commands issued to it by software instructions. Application Software A program that performs a useful task outside of maintaining the computer and its resources. This can include software that provides functiona...

Data raw facts that describe the characteristics of an event or object Information data covered into a meaningful and useful context Business Intelligence information collected from multiple sources that analyzes Knowledge skills, expertise and experience, coupled with information and intelligence, that creates an individual's intellectual resources Structured Data stored in a traditional system such as a relational database or spreadsheet Unstructured Da...

CIS 2200|| 167 QUESTIONS FULLY SOLVED & UPDATED 2023|GUARANTEED SUCCESS