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Equips students with the knowledge and skills to develop effective business strategies and navigate the complexities of mergers, and strategic partnerships.
Price is a consequence of a negotiation between the firm and the customer, depending on the available information and the degree of competition in the market.
The first large-scale mechanical information system was __.
The CIO must have a broad understanding of how the company is positioned to execute its strategy.
It aims to produce a high-quality software that meets or exceeds customer expectations, reaches completion within times and cost estimates.
The rapid proliferation of easy-to-use computing devices has resulted in more digitization – the process by which content and processes become expressed and performed in digital form.
The __ involves gathering requirements for the system
Individuals who have direct contact with software applications as they use them to carry out specific tasks .
When we witness content and processes becoming expressed and performed in digital form, we are in the presence of:
Ecommerce businesses can not also sell through online marketplaces such as Amazon, eBay or Etsy.
It refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.
Executive level is concerned with high-level, long-range decisions.
Competence is an ability to perform tasks successfully and is a cluster of related skills, knowledge, capabilities and processes.
It is a system composed of many components which may interact with each other.
The sale of a product by a business directly to a customer without any intermediary.
They have a broad view of operations, business processes, inter organizational coordination challenges and opportunities and a broad understanding to execute strategy.
The resources and capabilities that are based on company’s culture or interpersonal relationships.
__ is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.
The success of SISP is observable in the light of organization’s success.
This can also be accomplished by using automated software that makes the clicks.
Developing a plan of action including time scale and resources required.
One of the first computers used for such information processing was the _______, installed at the U.S. Bureau of the Census in 1951 for administrative use and at General Electric in 1954 for commercial use.
When the attacker has gained access to the system, they can do whatever they want.
Operational level is concerned with short-term activities.
Operational level is concerned with midterm decision making and a functional focus
The resource-based view is a model that sees resources as key to a not superior firm performance.
An email is sent to the target victim that promises them a lot of money in favor of helping them to claim their inheritance money.
There are 7 phases of SDLC.
It is one of the biggest problems with digital products
It occurs when a cyber-criminal impersonates someone else identity to practice malfunction.
This means superior performance relative to other competitors in the same industry or superior performance relative to the industry average.
__consist of specific projects with clear boundaries that define what the initiative is designed to achieve as well as what it is and is not designed to do.
Planning is the section addresses security considerations unique to the second SDLC phase.
It is achieved by offering unique products and services and charging premium price for that.
Defining the scope of the problem is also important in this stage as well.
The CIO should only be responsible about the IT department and IT professionals.
If it is a large system involving many different departments, maintenance and support may be needed for a shorter time.
Functional managers are often end users of IT systems.
They need to have the skills of their executive counterparts while maintaining IT operations.
In ________ the WWW, invented by Tim Berners-Lee as a means to access the interlinked information stored in the globally dispersed computers connected by the Internet, began operation and became the principal service delivered on the network.
Executive Information Systems is the support of this level.
At this stage, business needs are studied with the intention of making business processes more efficient.
What are some ways that today’s managers are affected by new IT trends?
A skill or set of skills provided in exchange for compensation. The service provider’s time can be purchased for a fee.
PaaS has become a cost-effective way to use enterprise systems.
Programmers, network administrators, and webmasters all belong to the category of:
Structured analysis is a traditional systems development technique that is time-tested and easy to understand.
It is used to by-pass security controls to gain unauthorized access to a system.
The objective of managerial level is to improve effectiveness of organization, or one of its functions, within the broad strategic guidelines set by exec team.
Strategic Information System Planning has 7 phases.
The sale of products in bulk, often to a retailer that then sells them directly to consumers.
Any tangible good that requires inventory to be replenished and orders to be physically shipped to customers as sales are made.
Instagram, Facebook, Pinterest, and Snapchat all have __ options that ecommerce brands can sell their products through.
When a consumer sells a good or service to another consumer it is the _______.
The focus of this level is on internal operations.
This barrier is given by IT assets and capabilities
Decision Support Systems is the supports this level.
Selecting features, building and optimizing classifiers using machine learning techniques.
Maintenance is the step when end users can fine-tune the system, if they wish, to boost performance, add new capabilities or meet additional user requirements.
It is the process of defining, designing, testing and implementing a new software application or program.
The firm seeks to create competitive advantage through the initiative.
Differentiation strategy is used in this situation and company positions itself more on branding, advertising, design, quality and new product development (like Apple Inc. or even Starbucks) rather than efficiency, outsourcing or process innovation.
This is example of B2B where this could include businesses that create specialized software, office furniture, uniforms, etc.
It is a digital application that is used to regulate the purchasing of goods and services.
An individual who is charged with the day-to-day maintenance of a system or collection of systems.
It is the actual amount of money the firm disbursed to acquire the resources needed to create its product or service.
This includes the characteristics of the new technology - how visible, complex, and unique it is
Using the tool the second step is to identify valuable, rare and costly to imitate resources
B2B is stands for __.
The first small-scale mechanical information system was Herman Hollerith’s census tabulator.
Knowledge worker in charge of a functional area or team
The sale of a product, which is manufactured and shipped to the consumer by a third party.
This could include manufacturers or suppliers that provide materials or products for other businesses.
During this phase of SDLC, the security architecture is designed.
It is a set of guidelines that defines how an organization should use information technology and information systems responsibly.
__is refers to the use of information technology to commit crimes.
The automatic recurring purchase of a product or service on a regular basis until the subscriber chooses to cancel.
Ethics refers to rules of right and wrong that people use to make choices to guide their behaviors.
It involves mainframe, workstations, peripheral, connecting devices.
It is related to operations research but differs from it in that it is more a planning and design function, frequently involving technical innovation.
They have technical training but their day-to-day activities do not involve technical development.
It is created in the transaction is computed as the difference between customer willingness to pay and supplier opportunity cost
These are unauthorized programs that can annoy users, steal sensitive data or be used to control equipment that is controlled by computers.
Downloadable digital goods, templates, and courses, or media that must be purchased for consumption or licensed for use.
It is the first step of Procurement System.
There is great potential to create value by working with the firm’s suppliers and creating incentives for them to supply you with needed resources for less money.
These types of stores are generally built on ecommerce platforms such as Shopify or BigCommerce.
Data is the design of the socio-technical systems design involve what data are collected, to whom the data should be available and in which formats the data should be stored.
Individual who builds high-quality, innovative, and performing software that complies with coding standards, technical designs and the framework provided by architects.
T-dependent strategic initiatives have five defining characteristics.
Decision making and activities in organizations occur at the same levels.
There are ____phases of the SDLC.
It is the tool used to analyze firm’s internal resources and capabilities to find out if they can be a source of sustained competitive advantage.
Individual who is ultimately responsible for the successful completion of a project.
The details used in such crimes include social security numbers, date of birth, credit and debit card numbers, passport numbers, etc.
General Managers are never end users.
__is created when resources that in their next best use would be worth a given amount are transformed into something that a customer is willing to pay more for.
B2C includes retailers or ecommerce retailers that sell products to the end consumer.
It define customer willingness to pay as the maximum amount of money that a customer is willing to give the firm to acquire its products or services.
Ethics in MIS seek to protect and safeguard individuals and society by using information systems responsibly.
The collection of money from consumers in advance of a product being available in order to raise the startup capital necessary to bring it to market.
Innovative products, processes or new business models provide weak competitive edge due to the first mover advantage.
In this phase, includes the integrate the information system into its environment
It is the minimum amount of money suppliers are willing to accept to provide the firm with the needed resources.
SDLC is a systematic process for building software that ensures the quality and correctness of the software built.
A business analysts study organization’s business processes to identify opportunities for improvement.
How many steps does the Procurement System has?
Individual in charge of a team within the IT function of an organization,who they are?
__is an integrated set of components for collecting, storing, and processing data and for providing information, knowledge, and digital products.
It includes the entire process of planning, building, deploying, using, updating, and maintaining an information system.
It refers to rules of right and wrong that people use to make choices to guide their behaviors.
Intangible assets are everything else that has no physical presence but can still be owned by the company.
It occurs when a person clicks such a link with no intention of knowing more about the click but to make more money.
During this phase, the system will be installed and evaluated in the organization’s operational environment.
SDLC stands for System Development Lifecycle.
Who invented the WWW?
The first question of the framework asks if a resource adds value by enabling a firm to exploit opportunities or defend against threats.
Scope can not be refined during the initialization process.
An organization employs the people, who build and make use of hardware and software, operate within law and regulations, and share and maintain the data.
Individual who performs analysis in a specific field or topic area.
The focus of this level is on tactical decision.
__ are physical things.
“Big picture”-need to develop unified vision for systems characteristics and functions.
After the payment process, buyers make a record of it for bookkeeping and auditing.
Resources that were developed due to historical events or over a long period usually are costly to imitate is the Historical conditions.
This is now becoming very common especially with mobile devices such as smartphones.
IT is becoming accessible to more and more people
Response lag, also known as impact log.
It refers to the unauthorized use of copyrighted materials.
It involve the use of fake Wi-Fi hotspots that look like legitimate ones.
Maintenance and support covers all activities that are required once the system is in place
The objective of this level is efficient transaction processing under a limited degree of uncertainty.
The Internet has made it much easier to protect intellectual property.
It is where as a standard security best practice, most organizations keep backups of the data at remote places.
It is the maximum amount of money the firm’s customers are ready to spend in order to obtain the firm’s product.
If organizations would have the same amount and mix of resources, they could employ different strategies to out compete each other.
In usng the tool, the first step is to find out if your company is organized to exploit these resources.
This is usually done by accessing personal details of someone else.
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