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29 Cards in this Set
- Front
- Back
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Analtical Information
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Encompasses all organizationsl information and its primary purpose is to support he performing of managerial analysis tasks
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Artifical Intelligence
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Simulates human intelligence such as teh abliity to reason
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Business intelligence
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Information that people use to support their decision making efforts
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Business process
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a standardized set of activities that accomplish a spedicfic task, such as processing a customers order
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Business process reengineering (BPR)
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The analysis and redisign of workflow within and between enterprises
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Consolidation
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Involves the aggregation of information and features simple roll ups to complex gropuings of interrleated infomration
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Customer Relationship management (CRM)
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Invovles managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organizations proficability
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Decision support system
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Models info to support managers and business professionals during the decisio making process
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Digital dashboard
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Integrates information from multiple components and tailors the info to individual preferences
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Drill-Down
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Enables users to get details and details of details of information
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Enterprise Resource Planning (ERP)
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Integrates all departments and funtions throughout and organization into a single IT system so that employees can make decision by viewing enterprisewide information on all business operations
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Executive Information System(EIS)
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A specialized DDS that supports senior level executives with in the organization
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Expert System
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Computerized adviosry programs that imitagte the reaoning processes of experts in solving difficult problems
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Fuzzy logic
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A mathematical ethod of handling imprecise or subjective information
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Genetic algorithm
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An artifical intelligence system that minmics the evolutionary survivla of the fittest process to gvenerate increasingly better solutions to a problem
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Goal seeking analysis
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Finds the inputs necessary to achieve a goal such as a desired level of output
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Intelligent agent
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A special purpose knowledge based information system that accomplishes specific tasks on behal of its users
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Intilligent System
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Varuiosu commercial applications of artifical intelligence
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Model
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A simplified represntation or abstraction of reality
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Neural Network
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A category of AI that attmepts to emulate the way the human brain works
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Online Analytical processing (OLAP)
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The manipulation of information to create business intelligence in support of strategic decison making
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Online Transaction Processing (OLTP)
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the capturing of transaction and even tinfomration using techonoloy to process the information according to defined business rules, store the infomration, and update existing infomratuion to reflect the new information
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Sensitivity Analysis
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The study of the impact that changes in one or more parts of the model have on other parts of the model
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Shopping Bot
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Software that will search several retailer Web sites and provide a comparison of each retailer's offerings including preice nad availability
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Slice and dice
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the ablility to look at information from a different perspectives
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Supply chain management (SCM)
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Involves the management of infomration flows between and among stages in a supply chaing to maximize total supply chain effectiveness and profitability
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Transaction processing system (TPS)
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The basic business system that serves the operational level in an organization
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Transactional Information
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Encompasses all of the infomration conatined within a single business process or unit of work and its primary purpose is to suppor the perfomring of daily operational tasks
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What if analysis
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Checks the impact of a change in an assumption on the proposed solution.
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