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6 Cards in this Set
- Front
- Back
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Information System (IS)
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Group of components that interact to produce information
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Customer Relationship Management (CRM) |
FIve component framework that uses algorithms and databases to predict customer behaviours: Hardware, Software, Data, Procedures, People |
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Management Information Systems (MIS) |
Comprises of the development and use of information systems that help organizations achieve their goals and objectives: has three key elements: development and use, information systems, and goals and objectives |
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Information Technology (IT)
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Refers to methods, inventions, standards, and products
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Moore's Law |
The number of transistors per square inch on integrated circuits had doubled every year since its invention |
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Network Effects & Lock-in |
The value of certain technologies received significant increase as the numbers of user increased |
