Business Driven MIS
Business Strategy
DSS
Business Process
Random
100

The present time, during which infinite quantities of facts are widely available to anyone who can use a computer.


What is information age?
100
A way to monitor the entire system by viewing inputs that transform into processes that lead to output while providing feedback.
What is systems thinking?
100
Operational Decision Making

What are employees develop, control, and maintain core business activities required to run the day-to-day operations?


100
Invisible to the external customer but essential to the effective management of the business
What is a business facing process?
100
this allows senior level executives within the organization perform their own analysis without inundating IT personnel with requests for reports

What is digital dashboard in an EIS? 

200
Raw facts that describe the characteristics of an event/object.
What is data?
200
Management Information Systems
What is a business function that moves information across the company to help with decision making and problem solving?
200

Examples would be to

-Create high-quality products

-Retain competitive advantages

-Reduce product costs


What are critical success factors (CSF)?
200

 The activity of creating a detailed flow chart or process map of a work process showing its inputs, tasks, and activities, in a structured sequence


What is Business process modeling?

200
The four models that a DSSs could use to support managers during the decision-making process.

What are:

What-if analysis

Sensitivity analysis

Goal-seeking analysis

Optimization analysis?

300
a collection of large, complex data sets, including structured and unstructured data
What is big data?
300
Competitive advantage
What is a product/service that customers place a greater value on that similar offerings from a competitor?
300

Examples include:

-Turnover rates of employees

-Number of product returns

-Number of new customers


What are key performance indicators?
300
Streamlining

What Improves business process efficiencies by simplifying or eliminating unnecessary steps?


300
a plan that allows for company to develop new products/services, enter new markets, increase customer loyalty, increase sales, etc.
What is business strategy?
400
Tony's best customer by total sales
What is information?
400
Porter's Five Force Model
What is threat of substitute products, supplier power, rivalry among existing competitors, buyer power, and threat of new entrants?
400
measures the performance of MIS itself
What is efficiency?
400
examples include eliminating redundancies, improving efficiencies, streamlining processes, that can allow for automation such as online checking for air travel
What is business process improvement?
400
these are primary and secondary activities in a value chain analysis.
What are inbound logistics, operations, outbound logistics, marketing/sales and service - firm infrastructure, human resource management, technology development and procurement?
500
Analyzing patterns and trends from different sources for strategic decision making
What is business intelligence?
500
value chain analysis
views the firm as a series of business processes that each add value to the product/service?
500

the difference between OLTP and OLAP

how information is captured versus how information is manipulated?

500
assumes the current process is irrelevant and in extreme conditions, completely redesigns the workflow
What is Business process re-engineering (BPR)?
500

the difference between expert systems and neural networks

What is imitation of reasoning process versus emulating the human brain works?

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