Chapter 6 Definitions Flashcards Preview

Business Management 113 > Chapter 6 Definitions > Flashcards

Flashcards in Chapter 6 Definitions Deck (38)
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1
Q

Data

A

Numerical or verbal descriptions that usually result from some sort of measurement.

2
Q

Information

A

Data presented in a form that is useful for a specific purpose.

3
Q

Database

A

A single collection of data and information stored in one place that can be used by people throughout an organization to make decisions.

4
Q

Knowledge management (KM)

A

A firm’s procedures for generating, using, and sharing the data and information

5
Q

Management information system (MIS)

A

A system that provides managers and employees with the information they need to perform their jobs as effectively as possible.

6
Q

Information technology (IT) officer

A

A manager at the executive level who is responsible for ensuring that a firm has the equipment necessary to provide the information the firm’s employees and managers need to make effective decisions.

7
Q

Data Processing

A

The transformation of data into a form that is useful for a specific purpose.

8
Q

Statistic

A

A measure that summarises a particular characteristic of an entire group of numbers.

9
Q

Decision-suppert system (DSS)

A

A type of computer program that provides relevant data and information to help a firm’s employees make decisions.

10
Q

Executive information system (EIS)

A

A computer-based system that facilitates and supports the decision-making needs of top managers and senior executives by providing easy access to both internal and external information

11
Q

Expert system

A

A type of computer program that uses artificial intelligence to imitate a human’s ability to think.

12
Q

Groupware

A

One of the latest types of software that facilitates the management of large projects among geographically dispersed employees as well as such group activities as problem solving and brainstorming.

13
Q

Collaborative Learning System

A

A work environment that allows problem solving participation by all team members.

14
Q

Virtual office

A

Allows employees to work at any place where they have access to computers, software and other technology that enables them to perform their normal work activities.

15
Q

Computer Backup

A

A process of storing data, information, and computer systems on secondary computer systems that can be accessed if a firm’s main computer system fails.

16
Q

Information society

A

A society in which large groups of employees generate or depend on information to perform their jobs.

17
Q

Internet

A

A worldwide network of computers linked through telecommunications

18
Q

World Wide Web (the Web)

A

The Internet’s multimedia environment of audio, visual and text data.

19
Q

Broadband technology

A

A general term referring to higher speed internet connections that deliver data, voice and video material

20
Q

Intranet

A

A smaller version of the internet for use within a firm’s computer network.

21
Q

Computer network

A

A group of two or more computers linked together that allows users to share data and information

22
Q

Wide-area network (WAN)

A

A network that connects computers over a large geographic area, such as a city, a state, or even the world.

23
Q

Local-area network (LAN)

A

A network that connects computers that are in close proximity to each other, such as an office building or a college campus.

24
Q

E-business (electronic business)

A

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society’s needs through the facilities available on the Internet.

25
Q

Outsourcing

A

The process of finding outside vendors and suppliers that provide professional help, parts, or materials at a lower cost.

26
Q

Revenue Stream

A

A source of revenue flowing into a firm.

27
Q

Business Model

A

Represents a group of common characteristics and methods of doing business to generate sales revenues and reduce expenses.

28
Q

Business-to-business (B2B) model

A

A model used by firms that conduct business with other businesses.

29
Q

Business-to-consumer (B2C) model

A

A model used by firms that focus on conducting business with individual consumers.

30
Q

Social network site

A

A web site (often called a social site) that functions like an online community of internet users where you can share your profile, messages and photographs with family and friends.

31
Q

Spamming

A

The sending of massive amounts of unsolicited e-mails

32
Q

Cookie

A

A small piece of software sent by a website that tracks an individual’s internet use.

33
Q

Log-file records

A

Files that store a record of the website visited

34
Q

Data mining

A

The practice of searching through data records looking for useful information.

35
Q

Malware

A

A general term that describes software designed to infiltrate a computer system without the user’s consent

36
Q

Computer Virus

A

A software code designed to disrupt normal computer operations

37
Q

Cloud computing

A

A type of computer usage in which services stored on the internet are provided to users on a temporary basis.

38
Q

green IT

A

A term used to describe all of a firm’s activities to support a healthy environment and sustain the planet.