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29 Cards in this Set

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