Mis 313 - Full Flash Cards

Front 1

Analytical Information

Back 1

Organizational information that supports performing analysis tasks

Front 2

ARPAnet

Back 2

The original name for the Internet; developed in 1969 by the US Department of Defense

Front 3

Benchmarks

Back 3

Baseline values the system seeks to attain

Front 4

Business Intelligence

Back 4

Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making

Front 5

Business Strategy

Back 5

A leadership plan that achieves a specific goal

Front 6

Buying Power

Back 6

The ability for buyers to affect the price

Front 7

Competitive Intelligence

Back 7

The process of gathering information about the competitive environment to improvethe company’s ability to succeed

Front 8

Cost of Switching

Back 8

The cost necessary for a customer to switch providers; does not need to be monetarily (such as miles for airline companies)

Front 9

Critical Success Factors

Back 9

Step staken to achieve their goals

Front 10

Customer Relationship Management (CRM)

Back 10

Manages customer relations to increase loyalty and retention

Front 11

Data

Back 11

Raw Facts

Front 12

Data Element

Back 12

The smallest or most basic unit of information

Front 13

Data Warehouse

Back 13

A logical collection of information (gathered from many different databases) that supports business analysis activities and decision–making tasks

Front 14

Data Mart

Back 14

Subsets of data warehouse information given to different business units

Front 15

Datamining

Back 15

The process of analyzing data to extract information not offered by the raw data alone

Front 16

Data–driven websites

Back 16

Websites that a designed to dynamically build a web page using predefined templates

Front 17

Each entity contains _____________.

Back 17

Attributes, the individual data elements of an entity

Front 18

Enterprise Resource Planning (ERP)

Back 18

Integrates all departments intoa single system to make decisions by viewing enterprise–wide information on all business operations

Front 19

Entity

Back 19

Stores information on a person, place, thing, event, or transaction

Front 20

Entity–Relationship Diagram

Back 20

Logical data structures that detail the relationships among data elements

Front 21

Entry Barrier

Back 21

Sets a standard that new entrants must include if they want to survive

Front 22

Examples of Support Value Activities

Back 22

Infrastructure,HR, Tech Dept,Procurement

Front 23

Examples of Financial Metrics

Back 23

Internal Rate of Return,Return on Investment,Payback Method,Break–Even Analysis (Explain each)

Front 24

Examples of Primary Value Activities

Back 24

Inbound/outbound logistics, operations, marketing/sales, service

Front 25

Examples of Supply Chain Metrics

Back 25

Back Order,Customer Order Promised Cycle Time,Customer Order Actual Cycle Time,Inventory Replenishment Cycle Time,Inventory Turnover (Explain each)

Front 26

Examples of Website Metrics

Back 26

Session Time, Bounce Rate, User Flow, Demographics(Explain each)

Front 27

Explain the first to market advantage

Back 27

The advantage gained by the initial significant occupant of a market segment. For example, a firm can gain FMA when it has had a unique breakthrough in its research and development (R&D)

Front 28

File Hierarchy

Back 28

The location of a particular file or folder on a computer

Front 29

Foreign Key

Back 29

A reference to a unique identifier (primary key) from another table

Front 30

Hashing

Back 30

A secure form of storing sensitive information

Front 31

Horizontal Scalability in Databases

Back 31

Adding more machines to handle the influx of traffic to the database

Front 32

How did Target get hacked in 2013?

Back 32

Through a vulnerability in the point of sale systems of their machines; which were connected to the Internet and used default passwords.

Front 33

Information

Back 33

Data that has been converted into something meaningful

Front 34

Information Scrubbing

Back 34

A process that weeds out and fixes or discards inconsistent, incorrect, orincomplete information

Front 35

Key Performance Indicators

Back 35

Quantifiable data a company can use to evaluate progress

Front 36

Knowledge

Back 36

Skills, experience, and expertise coupled with information and intelligence that creates a person’s intellectual resources

Front 37

Knowledge Worker

Back 37

An individual valued for their ability to interpret and analyze information sources

Front 38

Market Share

Back 38

The percentage of the market a company currently holds (for example, a soda distribution company that serves 50 out of 125 stores in a city has 40% of the market for that area)

Front 39

Metrics

Back 39

Measurements for evaluating a project's goals

Front 40

Milestones

Back 40

Since projects can become large and complex, milestones can be used as checkpoints for the project

Front 41

Number 1 Cause for Unplanned Downtime

Back 41

Human Error (such as typos)

Front 42

Primary Key

Back 42

The unique identifier for a particular entity in a particular table

Front 43

Production

Back 43

The process where a business takes 'raw' goods and services and converts them into a finished product

Front 44

Productivity

Back 44

The rate at which goods and services are produced based on total output given total input

Front 45

Project

Back 45

A temporary activity undertaken by a company to create a result (product/service)

Front 46

RDBMS

Back 46

Relational Database Management System (such as MySQL or Microsoft Access)

Front 47

Root Directory

Back 47

The top level folder of a storage device that holds all information

Front 48

SQL

Back 48

Structured Querying Language

Front 49

Supplier Power

Back 49

The ability for suppliers to affect the price

Front 50

System

Back 50

A collection of parts that link to achieve a common purpose (like goods or services)

Front 51

Systems Thinking

Back 51

Away of monitoring the entire system by viewing multiple inputs or via feedback

Front 52

The Command Line

Back 52

A Text–Based Interface used in lieu of a Graphical User Interface for speed

Front 53

The FiveForce Model

Back 53

Knowledgeable customers can drive prices down, Influential suppliers can drive costs up, Competition can steal customers, New market entrants can steal investment capital, Substitute products can steal customers

Front 54

The Sea of Data

Back 54

Due to the over abundance of information, many times businesses can overlook important information due to 'noise'

Front 55

TheThreeGeneric Strategies

Back 55

Broad Cost Leadership, Broad Differentiation, Focused Strategy (Explain each)

Front 56

Tim Berners–Lee

Back 56

The Creator of the Internet and HTML

Front 57

Transactional Information

Back 57

All the information contained within a single business process (supports daily operational tasks)

Front 58

Variable

Back 58

A characteristic that stands for a value that changes over time (like a person's salary)

Front 59

Vertical Scalability in Databases

Back 59

Adding more capacity to the database (RAM, CPUs, storage, etc)

Front 60

Data Warehouse Primary Purpose

Back 60

To aggregate data

Front 61

The Purpose of the Integration Layer

Back 61

To Extract, Transform, and Load information into the Data Warehouse,

Front 62

Difference between Data Warehouses and Databases

Back 62

Data Warehouses are 'multidimensional'

Front 63

Business Intelligence can be 'boiled down' into one question

Back 63

"Why?"

Front 64

Data Mining

Back 64

the process of anaylizing data to extract information

Front 65

PivotTables

Back 65

A extension in Microsoft Excel that allows arrangement of complex data

Front 66

Data visualization

Back 66

Allows users to see or visualize data to transform information into a business perspective

Front 67

Infographics

Back 67

Displays information graphically

Front 68

Examples of Organization Decisions

Back 68

Business activities required to run day-to-day operations, Staffing, Inventory Orders

Front 69

Examples of Managerial Decisions

Back 69

Evaluating operations to leverage change, Budgeting, Scheduling

Front 70

Examples of Strategic Decisions

Back 70

Develop overall business goals

Front 71

Decisions Support Systems

Back 71

Models information to support managers decision making process

Front 72

Examples of Decision Support Systems

Back 72

What If, Sensitivity, Goal-Seeking, Optimization Analysis

Front 73

Examples of Artificial Intelligence

Back 73

Neural Networks, Genetic Algorithms, Intelligence Agent, Virtual Reality

Front 74

Supply Chain Visibility

Back 74

The ability to view all areas ‘up and down’ the supply chain

Front 75

Bullwhip Effect

Back 75

Occurs when distorted product demand information passes from one entity to the next throughout the supply chain

Front 76

Demand Planning Software

Back 76

forecasts demand using statistical tools, much like weather forecasts

Front 77

Radio frequency identification

Back 77

Uses electronic tags and labels to identify objects wirelessly over short distances

Front 78

Operational CRM

Back 78

Supports traditional transaction processing for day-to-day front-office operations and systems that deal directly with customers

Front 79

Analytical CRM

Back 79

Back-office operations and strategic analysis, including systems that do not deal with customers directly

Front 80

Personalization

Back 80

Tailoring the customer's experience to appeal to the customer's wants

Front 81

Sustaining Tech

Back 81

Produces an improved product customers are eager to buy

Front 82

Disruptive Tech

Back 82

A new way of doing things that initially does not meet the needs of existing customers

Front 83

Innovators Dilemma

Back 83

How do established companies take advantage of disruptive technology without hindering existing relationships with customers/partners/stakeholders?

Front 84

Paradigm Shift

Back 84

reshapes the way organizations behave

Front 85

Long Tail

Back 85

demonstrates how niche-products can have viable and profitable businesses

Front 86

*aaS

Back 86

[Something] as a Service, A cloud computing term for the variety of services emerging for users to access on demand over the Internet (like Pandora)

Front 87

PAN

Back 87

Personal Area Network

Front 88

LAN

Back 88

Local Area Network

Front 89

WLAN

Back 89

Wireless Local Area Network

Front 90

MAN

Back 90

Metropolitan Area Network

Front 91

WAN

Back 91

Wide Area Network

Front 92

Technologies Used in WAN

Back 92

Cellular and Satellite

Front 93

Bluetooth

Back 93

Wireless PAN technology that transmits signals over short distances between cell phones, computers, and other devices

Front 94

WiMax

Back 94

A technology for city-wide wireless Internet owned by Sprint that ultimately failed (know how)

Front 95

How does Wireless Technology Work

Back 95

Via Wavelengths

Front 96

The 700MHz Band Auction

Back 96

Gave control of a specific wavelength band in the US to certain companies like Verizon and AT&T

Front 97

GPS

Back 97

Global Positioning Software - A satellite-based navigation system

Front 98

GIS

Back 98

Geographic Imaging Software - Consists of hardware, software, and data that provide location information for display on a multidimensional map

Front 99

Why does Wireless suck - Physically

Back 99

Obstructions in the way of the a device's line of sight weaken the wireless signal

Front 100

Why does Wireless suck - Security

Back 100

Despite making business mobil, the threat of laptop theft and compromised data in increased (why?)

Front 101

Man in the Middle Attack

Back 101

The attacker secretly relays and possibly alters the communication between two parties who believe they are directly communicating with each other

Front 102

Phases of the System Development Life Cycle

Back 102

Planning, Analysis, Design, Development, Testing, Implementation, Maintenance

Front 103

Swim Lane Diagrams

Back 103

Used to show the interaction of different ‘actors’ within a process flow (much like the Odoo Interview System)

Front 104

Pseudo-code

Back 104

Informal high-level descriptions of the operating principles of a computer program

Front 105

Unit Testing

Back 105

Making sure each program functions correctly

Front 106

A/B Testing

Back 106

Using different testing parameters on different testers (control, variation(s)) to determine usability

Front 107

Bugs

Back 107

Errors in programming code

Front 108

Creep

Back 108

Increasing the requirements of a project after they have alre3ady been designed and approved

Front 109

Software Development Methodolody - Waterfall

Back 109

A sequence of phases in which the output of each phase becomes the input for the next

Front 110

Software Development Methodolody - Agile

Back 110

Aims for customer satisfaction through early and continuous delivery of useful software components via tiny projects

Front 111

SCRUM

Back 111

Uses small teams to produce small pieces of deliverable software using sprints, or 30-day intervals, to achieve an appointed goal

Front 112

The Triple Constraint

Back 112

Time, Scope, Cost - a project can only minimize two

Front 113

Project stakeholder

Back 113

Individuals and organizations actively involved in the project or whose interests might be affected as a result of project completion

Front 114

Project deliverable

Back 114

Any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project

Front 115

SMART Objectives

Back 115

useful reminders on how to ensure that the project has created understandable and measurable objectives

Front 116

Gantt Charts

Back 116

A type of bar chart that illustrates a project schedule

Front 117

The Ten Flatteners

Back 117

The Ten aspects in history as described be Thomas Friedman that explains how outsourcing became a viable business option