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85 Cards in this Set

  • Front
  • Back

Moore's Law

Because of this, the cost of data communications and data storage is essentially zero.

1. Abstract Reasoning


2. Systems Thinking


3. Collaboration


4. Ability to Experiment

4 Skills Needed

Abstract Reasoning

Ability to make and manipulate models.

Systems Thinking

Ability to model the components of a system, to connect inputs and outputs among those components into a sensible whole that reflects the structure and dynamics of the phenomenon observed.

Collaboration

Activity of 2 or more people working together to achieve a common goal, result, or work product.

Experimentation

Making a reasoned analysis of an opportunity, envisioning potential solutions, evaluating those possibilities, and developing the most promising ones, consistent with the resources you have.

System

A group of components that interact to achieve some purpose.

Information System (IS)

A group of components that interact to produce information.

1. Hardware


2. Software


3. Data


4. Procedures


5. People

Five-Component Framework

Management Information Systems (MIS)

The management and use of information systems to help businesses achieve their strategies.

Management (in MIS)

To develop, maintain, and adapt.

Information Technology (IT)

The products, methods, inventions, and standards that are used for the purpose of producing information (hardware, software, and data).

1. 10+ characters


2. does not contain your user name, real name, or company name


3. does not contain a complete dictionary term


4. is different from previous passwords used


5. contains both upper and lower case letters, numbers, and special characters

A strong password has:

Business Process

A network of activities for accomplishing a business function.

Business Process Modeling Notation (BPMN)

An international standard for creating business process diagrams.

Swimlane Format

A graphical arrangement in which all of the activities for a given role are show in a single vertical or horizontal lane.

Activities

Specific tasks that need to be accomplished as part of the process

Role

A subset of the activities in a business process that is performed by actors.

Actor

A person, group, department or organization.

1. Start


2. End


3. Activity (describes what you're going to do (also a square))


4. Data Repository (do this, do that)


5. Questions to ask (what the system actually does)

What do each of these mean in a BPMN?

What do each of these mean in a BPMN?

Repository

A collection of data that is stored within the business process (computer databases, collections of files).

Data Flows

Represent movement of data from one activity to the next.

Sequence Flows

The next action to perform.

Effective Business Process

Enables the organization to accomplish its strategy.

Efficiency

The ratio of benefits to costs

Actors: Hardware and people


Instructions: Software and procedures


Bridge: Data

Who are the actors, instructions, and bridges in the 5-component model?

Information

The knowledge derived from data.

Data

Recorded facts or figures.

1. Accurate


2. Timely


3. Relevant


4. Just barely sufficient


5. Worth its cost

Critical Data Characteristics:

Industry Structure > Competitive Strategy > Value Chains > Business Processes > Information Systems

Planning Processes:

Helps organizations determine the potential profitability of an industry.



Competitive forces:


-Competition from vendors and substitutes


-Competition from new competitors


-Competition from existing rivals



Bargaining Power forces:


-Bargaining power of suppliers


-Bargaining power of customers

5 Forces Model (Porter)

1. Cost


2. Differentiation


3. Industry-Wide


4. Focus

Competitive Strategy's 4 Components

TRUE

True or False: To be effective, the organization's goals, objectives, culture, and activities must be consistent with the organization's strategy.

Value

The amount of money that a customer is willing to pay for a resource, product, or service.

Margin

The difference between the value that an activity generates and the cost of the activity.

Value Chain

A network of value-creating activities (5 primary, 4 support), each stage adds costs and value to the product.

Primary Activities

Business functions that relate directly to the production of the organization's products or services.

Support Activities

Business functions that assist and facilitate the primary activities.

Linkages

Interactions across value activities.

Product Implementations:


1. Create new product or service


2. Enhance product or service


3. Differentiate product or service


Process Implementations:


4. Lock in customers and buyers


5. Lock in suppliers


6. Raise barriers to market entry


7. Establish alliances


8. Reduce costs

8 Principles of Competitive Advantage

Switching Costs

Making it difficult or expensive for customers to switch to another product.

Hardware

Electronic components and related gadgetry that input, process, output, and store data according to instructions encoded in computer programs or software.

Keyboard, mouse, document scanners, bar-code scanners, microphones, cameras, tablet PCs, handwriting, magnetic ink readers, scanners.

Types of Input Hardware:

Central Processing Unit (CPU)

Sometimes called the "brain" of the computer, selects instructions, processes them, performs arithmetic and logical comparisons, and stores results of operations in memory (processing unit).

Main Memory

RAM

Video displays, printers, audio speakers, overhead projectors, flatbed plotters.

Types of Output Hardware:

Storage Hardware

Saves data and programs; magnetic disks are common

Universal Serial Bus (USB)

Simplify the connections of peripheral gear to computers for both manufacturers and users.

Binary Digits (bits)

A zero or one; used for computer data because they are easy to represent physically.

Bytes

8-bit chunks.

Data Channel (bus)

How instructions move from main memory into the CPU.

Cache

A small amount of very fast memory in the CPU.

Operating System (OS)

A program that controls the computer's resources.

Memory Swapping

If there is not enough main memory, it will remove something and replace it with the newly requested program or data.

32: less capable, cheaper, up to 4GB of memory



64: more main memory, 4+GB memory, expensive

32-bit vs. 64-bit

Volatile

Contents are lost when the power shuts off (cache and main memory).

Nonvolatile

Contents are not lost when power is shut off (magnetic and optical disks).

Client

Computers used for word processing, spreadsheets, database access, have software that enables network connection.

Servers

Provide service; can process email, web sites, large/shared databases; fast and usually have multiple CPUs, lots of main memory 4+GB, very large disks 1+TB; limited or no video displays, no keyboards.

Server Farm

Servers organized into a collection of servers.

Metro-Style Applications

Touch-screen oriented and provide context-sensitive pop-up menus.

Virtualization

Process by which one computer hosts the appearance of many computers.

Host Operating System

Runs one or more operating systems as applications (physical computer and operating system)

Virtual Machines (VM)

Hosted operating systems.

PC Virtualization

A personal computer with several different operating systems.

Server Virtualization

A server computer hosts one+ othe rserver computers

Desktop Virtualization

A server hosts many versions of desktop operating systems (each desktop has complete user environment and appears as a PC)

License

The right to use a program but not purchase it.

Site License

A flat fee that authorizes the company to install the product on all company computers.

Application Software

Software that runs on top of the operating system and performs particular services and functions.

Horizontal-Market Application

Software that provides capabilities common across all organizations and industries (word processors, graphics programs; off the shelf)

Vertical-Market Application

Software that serves the need of a specific industry (can be altered or customized; customer billing program)

One-of-a-Kind Application

Software developed for a specific, unique need (IRS)

Desktop Program

A program that does not need to connect to any servers and only runs on your computer (Adobe Photoshop).

Client-Server Applications

Applications that process code on both the client and server.

Thick-Client Application

Application program that must be preinstalled on the client.

Thin-Client Application

Application program that runs within a browser and does not need to be preinstalled.

Off-the-Shelf Software

Types of horizontal applications

Off-the-shelf with alterations software

Can be horizontal and/or vertical applications

Custome-Developed Software

Like one-of-a-kind applications

Firmware

Computer software that is installed into devices such as printers, print servers, and various types of communication devices.

GNU/GPL

Open source agreement created by Stallman

Source Code

Computer code written by humans and that is understandable by humans.

Machine Code

Source code compiled that is processed by a computer.

Closed Source

Source code is highly protected and only available to certain people.