Hardware/Software
Porter's Five Forces
Value Chain
Data/Information
Miscellaneous
100

CPU

Central Processing Unit

100

Buying Power

Porter’s Five

Forces Model.

100

Views a firm as a

series of business processes that each

add value to the product or service.

Value chain analysis

100

Raw facts that describe the characteristics of an

event or object.

Data

100

The science of fact based decision

making.

Analytics

200

Consists of the physical

devices associated with a computer

system.

Hardware

200

High when there are many alternatives to a

product or service and low when there are few alternatives.

Threat of substitute products or services

200

Distributes goods and services to customers is an example of 

Outbound logistics

200

Has a defined length, type, and

format and includes numbers, dates, or strings such

as Customer Address format.

Structured data

200

CIO

Chief information officer (CIO)

300

The set of instructions

that the hardware executes to carry

out specific tasks

Software

300

Occurs when a

company develops unique differences in

its products or services with the intent to

influence demand.

Product differentiation

300

Provides employee training, hiring, and

compensation is an example of what type of value chain

Human resource management

300

satellite images, scientific atmosphere data, and

radar data are what type of data?

Unstructured data

300

The smallest unit

of information that a computer can

process.

Binary digit

400

RAM

Random Access Memory

400

Cost Strategy is an example of 

Porter’s Three

Generic Strategies.

400

How many steps in a decision making process

6

400

Extracts information from data and

uses it to predict future trends and identify behavioral

patterns.

Predictive analytics

400

Roughly 1 billion bytes of data is knows as 

GB

500

ALU

Arithmetic logic unit (ALU)

500

An example of a company that markets its products in a Broad Market and Low Cost

Walmart

500

To which managerial level are the decisions concerning how the organization should achieve the goals and objectives set by its strategy?

Managerial

500

Skills, experience, and expertise

coupled with information and intelligence that

creates a person’s intellectual resources.

Knowledge

500

CD ROM is an example of what type of device

Storage

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