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24 Cards in this Set

  • Front
  • Back

digital firm

nearly all of the organization's significant business relationships with customers, suppliers, and employees are digitally enabled and mediated.

business model

describes how a company produces, delivers

business processes

-workflows of material, information, knowledge among the participants in business processes
-sets of activities, steps
-may be tied to functional area or be cross-functional

examples of functional business processes

-manufacturing and production


-sales and marketing


-finance and accounting


-human resources

information technology enhances business processes in two main ways:

1. Increasing efficiency of existing processes
2. Enabling entirely new processes that are capable of transforming the business

transaction processing systems

-supporting operational level employees
-perform and record daily routine transactions necessary to conduct business. ex- sales order entry, payroll, shipping.


-allow managers to monitor status of operations and relations with external environment

management information systems

-supporting managers
-involves looking at all the systems used in the business
-serve middle management


-provide reports on firm's current performance, based on data from TPS


-provide answers to routine questions with predefined procedure for answering them


-typically have little analytic capability

decision support systems

-serve middle management


-support non-routine decision making


-often use external info as well from TPS and MIS


business intelligence

-class of software applications


-analyze current and historical data to find patterns and trends and aid decision-making


-used in systems that support middle and senior management

executive support systems

-supporting executives
-support senior management


-address non-routine decisions


-incorporate data about external events as well as summarized info from internal MIS and DSS

enterprise applications

-used to manage information used to ensure that TPS, MIS, DSS, and ESS work together smoothly.

four major enterprise applications

1. enterprise systems-integrate business processes (ERP)


2. supply chain management systems (SCM) - manage relationships with their suppliers


3. customer relationship management systems (CRM)


4. knowledge management systems (KMS) - manage processes for capturing and applying knowledge and expertise

enterprise systems

-refers to the larger database environment within which the enterprise applications reside and operate
-collects data from different firm functions and stores data in single central data repository (database)


resolves problem of fragmented, redundant data sets and systems

supply chain management systems

-manage firm's relationships with suppliers


-share information about orders, production, inventory levels, delivery of products and services


goal: right amount of products to destination with least amount of time and lowest cost

customer relationship management systems

-provide information to coordinate all of the business processes that deal with customers in sales, marketing, and service to optimize revenue, customer satisfaction, and customer retention

knowledge management systems

-support processes for acquiring, creating, storing, distributing, applying, integrating knowledge


-collect internal knowledge and experience within firm and make it available to employees

intranets

internal company web sites accessible only by employees

extranets

company web sites accessible externally only to vendors and suppliers




-often used to coordinate supply chain



e-business

-use of digital technology and internet to drive major business processes

e-commerce

subset of e-business




-buying and selling goods and services through the internet

e-government

-using internet technology to deliver information and services to citizens, employees, and businesses

information systems department

formal organizational unit responsible for information technology services


-often headed by chief information officer (CIO)

end users

-representatives of other departments for whom applications are developed

IT Governance

-strategies and policies for using IT in the organization


-decision rights and framework for accountability


-organization of information systems function