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67 Cards in this Set

  • Front
  • Back
__________ refers to a variety of software applications that can analyze an organization’s raw data and attains useful insights from it.
Business Intelligence
_________, _________, _________, are the three types of tools that are used in business intelligence.
Reporting Tools, Data Mining Tools, Knowledge Management
________ tools read data, process them, and format the data into structured reports that are delivered to users.
Reporting Tools
__________ tools process data using statistical techniques, search for patterns and relationships, and make predictions based on the results.
Data Mining Tools
__________ tools store employee knowledge, make it available to whoever needs it. These tools are the source of the data for human knowledge.
Knowledge Management Tools
___________ allows you to analyze and rank customers according to purchasing patterns.
RFM Analysis
__________ are systems that facilitate decisions requiring the use of knowledge and expertise.
Intelligent Information Systems
__________ automates routine and repetitive tasks that are critical to the operation of the organization such as preparing a payroll or billing customers.
Transaction Processing System (TPS)
____________ refers to business transactions accumulated over a period of time and prepared for processing as a single unit or batch.
Batch Processing
_________ refers to immediate automated responses to the requests of users.
Online Transaction Processing
_________ systems are designed specifically to handle multiple concurrent transactions from customers.
Online Transaction Processing Systems (OLTPS)
_________ a set of tools that can analyze data to reflect actual business needs.
Online Analytical Processing (OLAP)
_________ is more generic than RFM and provides you with the dynamic ability to sum, count, average, and perform other arithmetic operations on groups of data.
Online Analytical Processing (OLAP)
__________provides the input data for many applications involving support systems such as DSS (Decision Support Services).
Transaction Processing System (TPS) system
_________ provides standard reports generated with data and information from the TPS.
MIS (Management Information System)
MIS can generate numerous reports, four of the most common reports are: ______, ______, _______, ______.
Periodic, Demand, Exception, Statistical
_______ reports compare actual performance to standards (or target) which monitors when and why an outlier occurred.
Exception Reports
________ reports are generated at predetermined intervals such as an annual financial statement.
Periodic Reports
________ reports are summaries of new data.
Statistical Reports
________ reports are also known as ad hoc reports, which are routine or special reports generated as needed, on demand.
Demand Reports
_________ enters, tracks, routes, and processes the many documents used in an organization.
Document Management System
_________ provides periodic information about such topics as operational efficiency, effectiveness, and productivity by extracting information from databases and processing it according to the needs of the user.
Management Information Systems (MIS)
_________ are also used for planning, monitoring, and controlling, for example, a sales forecast by region.
Management Information Systems (MIS)
_________ were developed to provide computerized support for complex, non-routine decisions.
Decision Support Systems (DSS)
_________ Analysis is the effect a change has on other parts of the model.
Sensitivity Analysis
In a _________ Analysis a DSS augments human decision making performance and problem solving by enabling users to examine alternative solutions to a problem.
What-If Analysis
________ Analysis attempts to find the changes necessary to achieve a desired solution.
Goal-Seeking Analysis
_________ supports a decision system designed to be used by groups of people.
Group Decision Analysis
Collaboration software, also called ________ or ________ software such as MS SharePoint, helps with the joint work group scheduling, communication and management.
Groupware or Workgroup software
________ is a group approach where members offer ideas encouraged in an environment that fosters creativity and free thinking.
Brainstorming
_________ incorporates internal and external data from databases with graphics and then presents information to executives in a highly aggregated form so they can scan information quickly for trends.
Executive Information Systems
__________ integrates information from multiple components and tailors the information to individual preferences.
The Digital Dashboard
An ___________ system is a type of intelligent system that uses reasoning methods based on knowledge about a specific problem domain in order to provide advice, much like a human expert.
Expert System (ES)
_______ a mathematical method of handling imprecise or subjective information.
Fuzzy Logic
_______ is a computer-based system that stores and manipulates data that are viewed from a geographical point of reference.
Geographical Information System (GIS)
Geographic information systems (GISs) have been designed to identify and display relationships between _________ data and ________.
Business Data and Locations
Information systems that connect two or more organizations are referred to as cross-functional information systems, _________ information systems, or enterprise information systems.
Inter-Organization information systems
Cross-functional information systems allow companies to ______ information across operations on a company-wide basis.
Integrate
Rather than storing information in separate places throughout the organizations, cross-functional information systems provide a _____ repository common to all corporate users.
Central
________ focused systems coordinate business activities with customers, suppliers, business partners, and others who operate outside of an organization.
Externally Focused Systems
________ of the departmental systems allows businesses to more easily gather critical information and make strategic decisions.
Integration
__________ is the process of connecting applications within a single organization together in order to simplify and automate business processes to the greatest extent possible.
Electronic Application Integration (EAI)
__________ the software that links software applications or hardware with dissimilar platforms.
Middleware
__________ refers to the flow of materials, information, money, and services from raw material suppliers through factories and warehouses to end customers.
Supply Chain
These systems, called ________, improve the coordination of suppliers, products, or service production, and distribution.
Supply Chain Management (SCM)
Supply chain objectives include reducing costs and improving quality, reducing lead time and inventory, reducing time to market, ___________ uncertainty and risks, increasing sales, and improving forecasting accuracy.
Reduces
Four factors that drive a company’s supply chain performance:
Facilities, Inventory, Transportation, and ___________.
Information
________ profitability is determined by calculating the difference between revenue generated by a supply chain and the costs that all organizations in the supply chain incur to obtain that revenue.
Supply Chain Profitability
__________ in supply chain occurs when information about demand for a product gets misinterpreted as it travels from one supply chain entity to another.
The Bullwhip Effect
________ a business process for managing all contacts between organization and its suppliers.
Supplier-Relationship Management (SRM)
The goal of _________ is to streamline operations and furnish a more efficient method for organizations and suppliers to interact just as CRM is intended to help streamline organization and customer interactions.
Supplier Relationship Management (SRM)
The main purpose of ______________ system is to create a tightly integrated system for all of an organization’s functional areas.
Enterprise Resource Planning (ERP)
Since ERP applications are designed to service internal business activities, they tend to be ill-suited for _______________ activities.
Managing Value-Chain Activities
_____ is a corporate-level strategy to create and maintain, through reliable systems, processes, procedures, and sustainable relationships with customers by concentrating on the downstream information flows.
Customer Relationship Management (CRM)
_______ CRM involves activities that capture, store, extract, process, interpret, and report customer data to a user, who then analyzes them as needed. Analyzing customer behavior and perceptions (eg. Quality, price, and overall satisfaction) in order to provide business intelligence.
Analytical CRM
_______CRM is related to typical business functions involving customer services, order management, invoice/billing, sales/marketing, automation, and management. It is the automation of the fundamental business processes, marketing, sales, and support for interacting with the customer.
Operational CRM
_______ CRM deals with all the necessary communication, coordination, and collaboration between vendors and customers. This is a system that provides effective and efficient communication with the customer from the entire organization.
Collaborative CRM
The system ________ life cycle is a set of activities used to build an information system.
System Development Life Cycle
The ________ model is a sequence of phases in which the output of each phase becomes the input for the next phase.
Waterfall
The ______ study is critically important to the systems development step because it can prevent organizations from expensive mistakes.
Feasibility
The main purpose of the ________ analysis step is to gather information about the existing system in order to determine the requirements for new or modified systems.
System Analysis
The ______ Design step answers the question, “How will the information system solve the problem?”
System Design
In the Implementation or Deployment Step there are four methods you can use to convert to a new system. These steps are ______, ______, ______, ______.
Pilot, Phased, Parallel, Plunged
The _______ method implements the entire system on a limited portion of the business.
Pilot
The _______ method installs it in phases across the organization.
Phased
In the _______ method, the new system runs in parallel with the old system until the new one is tested and fully operational.
Parallel
In the _______ method, the old system is shut off one day and the new system is turned off the next day.
Plunged