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35 Cards in this Set
- Front
- Back
Digital Firm
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One in which all the organization's significant business relationships with customers, suppliers, and employees are digitally enabled and mediated.
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Business Processes
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The set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated.
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Business Model
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Describes how a company produces, delivers, and sells a product or service to create wealth.
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Information Technology (IT)
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The hardware and software that a firm needs to use in order to achieve its business objectives. Examples: Computer machines, storage devices, handheld mobile devices, software - Windows and Linux operating systems, Microsoft Office desktop productivity suite, thousands of computer programs.
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Information System
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A set of interrelated components that collect or retrieve, process, store, and distribute information to support decision making and control in an organization.
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Information
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Data that has been shaped into a form that is meaningful and useful to human beings.
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Data
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Streams of raw facts representing events occurring in organizations where the physical environment before they have been organized and arranged into a form that people can understand and use.
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Input
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Captures or collects raw data from within the organization or from its external environment.
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Processing
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Converts raw input into a meaningful form.
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Output
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Transfers processed information to people who will use it or to the activities for which it will be used.
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Feedback
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The output that is returned to the appropriate members of the organization to help them evaluate or correct the input stage.
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Information Systems Literacy
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The broader understanding of information systems, which encompasses an understanding of the management and organizational dimensions of systems as well as the technical dimensions of systems.
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Computer Literacy
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Focuses primarily on knowledge of information technology.
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Management Information Systems (MIS)
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Tries to achieve a broader information systems literacy.
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Senior Management
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Makes long range strategic decisions about products and services as well as ensures financial performance of the firm.
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Middle Management
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Carries out the programs and plans of senior management.
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Operation Management
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Responsible for monitoring the daily activities of the business.
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Knowledge Workers
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Design products or services and create new knowledge for the firm. Examples: engineers, scientists, architects.
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Data Workers
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Assist with scheduling and communications at all levels of the firm. Examples: secretaries or clerks.
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Production or Service Workers
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Actually produce the product and deliver the service.
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Business Functions
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A specialized task performed by business organizations, consist of sales and marketing, manufacturing and production, finance and accounting, and human resources.
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Culture
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A fundamental set of assumptions, values, and ways of doing things, that has been accepted by most of the organization's members.
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Computer Hardware
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The physical equipment used for input, processing, and output activities in an information system.
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Computer Software
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The detailed, pre-programmed instructions that control and coordinate the computer hardware components in an information system.
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Data Management Technology
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The software governing the organization of data on physical storage media.
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Networking and Telecommunications Technology
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Physical devices and software, links the various pieces of hardware and transfers data from one physical location to another.
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Network
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Links two or more computers to share data or resources such as a printer.
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Internet
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The world's largest and most widely used network.
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Intranets
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Internal corporate networks based on internet technology.
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Extranet
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Private intranets extended to authorized users outside the organization.
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World Wide Web
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A service provided by the internet that uses universally accepted standards of storing, retrieving, formatting, and displaying information in a page format on the internet.
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Information Technology Infrastructure
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Networks, Intranet, Extranet, World Wide Web - All these technologies along with the people required to run and manage them represent resources that can be shared throughout the organization.
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Complimentary Assets
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Assets required to derive value from a primary investment.
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Organizational and Management Capital
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New business models, new business processes, management behavior, organizational culture or training - receive superior returns.
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Sociotechnical View
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Optimal organizational performance is achieved by jointly optimizing both the social and technical systems used in production.
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