Individuals or groups to whom a business has a responsibility; include employees, customers, the general public, and investors.
stakeholder
A type of Management Information System specifically designed for the teaching needs of an educational institution.
Learning Management System (LMS)
A private network of an organization that connects computers at different sites.
Wide Area Network (WAN)
Interconnected computers that share system resources.
network
A collection of devices connected together in one physical location, such as a building, office, or home.
Local Area Network (LAN)
functional areas of business
The determination of how much of each type of inventory a firm will keep on hand and the ordering, receiving, storing, and tracking of inventory.
inventory management
The practice of limiting investments to securities of companies that behave in accordance with the investor’s beliefs about ethical and social responsibility to encourage businesses to be more socially responsible.
social investing
A philosophy that includes ESG factors during the investment selection, portfolio construction, and monitoring processes, with the goal of maximizing opportunities, ensuring high performance, and mitigating risks.
responsible investing
"the difference between the amount earned and the amount spent in buying, operating, or producing something"
revenue - expenses
profit
natural resources, raw materials, human resources, and capital
inputs
products and services
outputs
accounting framework with three main components: social, environmental, and financial. Companies incorporating this framework believe that, instead of a single bottom line, there are three: people, planet, profit
triple bottom line
The equipment and techniques used to manage and process information.
information technology
Unwanted or malicious software programs designed to damage and exploit computer systems. Examples include Trojan Horses, spyware, ransomware, worms.
malware
owns a share of a company’s stock/ could be an individual, a company, or an institution/ hopes the stock’s value will increase and or the company will pay a dividend (a distribution of the company’s earnings)
shareholder
A management strategy in which companies find business opportunities in social problems; rather than focusing on “giving back” or minimizing harm/ leaders on maximizing competitive value of solving social problems in new customers and markets, cost savings, talent retention, and more.
shared value
The creation of products and services by turning inputs, such as natural resources, raw materials, human resources, and capital, into outputs, which are products and services
production
The processes and tools designed and deployed to protect sensitive business information from modification, disruption, destruction, and inspection.
information security
Software that allows you to quickly and easily enter, store, organize, select, and retrieve data in a database. It tracks the data and allows users to query the database for the information they need.
database management system
the management of environmental, social, and economic impacts, and the encouragement of good governance practices, throughout the lifecycles of goods and services.
supply chain sustainability
An organized collection of data stored and accessed electronically.
database
A large, usually public, network of interconnected computers.
An internal corporate-wide area network that uses internet technology to connect computers and link employees in many locations and with different types of computers.
internet
intranet
The set of instructions, data or programs used to operate computers and execute specific tasks.
software
A computerized resource-planning system that incorporates information about the firm’s suppliers and customers with its internally generated data.
Enterprise Resource Planning Systems