E-Business Chapter 1 Essay

Submitted By Superniki
Words: 1386
Pages: 6
Open Document
Cybernetic system- A system with feedback (data about performance) and control (monitoring and evaluating feedback) that is self monitoring and self-regulating. Ex. thermostat
Data- Raw facts or observations, typically about physical phenomena or business transactions. Objective measurements of the attributes on entities. Ex. How many hamburgers were sold?
Decision Support Systems (DSS)- is a type of information system gives direct computer support to managers and other business professionals during the decision-making process.[1] It is a software-based system that takes the data input and produces information in report form. [2] These reports identify problems, forecast profits and analyze risk. Provide interactive ad hoc support for the decision making processes of managers and other business professionals. Ex. Product pricing, profitability forecasting, and risk analysis systems.
Effectiveness- of the information technology in supporting an organization’s business strategies, enabling its business processes, enhancing its organizational structures and culture, and increasing the customer and business value of the enterprise. (Efficiency is in terms of minimizing costs, time and the use of information resources.)
Enterprise collaboration system- Involve the use of software tools to support communication, coordination, and collaboration among the members of networked teams and workgroups. Uses intranets, the internet, extranets and other networks to implement such systems. Ex. Employees and external consultants may form a virtual team that uses a corporate intranet and the internet for email, videoconferencing, etc. of work in progress information to collaborate on business projects.
Executive Information Systems (EIS)- Provide critical information from a wide variety of internal and external sources in easy to use display to executives and manger. Ex. Top executives may use touch screen terminals for an instant view of text and graphics display that highlight key areas of organizational and competitive performance.
Expert systems-Knowledge based systems that provide expert advice and act as expert consultants to users. Ex. Credit application advisor, process monitor and diagnostic maintenance systems.
Extranet- The internet and internet like networks between an enterprise and its trading partners information technology infrastructure that supports the e-business applications of many companies.
Information- Data that has been converted to into a meaningful and useful context for a specific end users. Usually value added process. Ex. The amount of sales by product type, sales territory, or salesperson for a sales manager to review.
Information system vs. Information technology- Information systems can be an organized combination of people, hardware, software, communications networks, data resources, and policies and procedures that stores, retrieves, transforms and disseminates information in an organization. Information technology is the major concepts, developments, and management issues in information technology- that is hardware, software, networks, data management and many internet based technologies. (Chapters 5&6 cover data resource management and telecommunications network technologies for business)
Information system model- An information system uses people, hardware, software, network and data resources to perform input, processing, output, storage, and control activities that transform data resources into information products.
Internet- A rapidly growing computer network of millions of business,, educational and governmental networks connecting hundreds of millions of computers and their users in more than 200 countries. “The world’s largest network”
Intranet- The internet and internet like networks inside the enterprise information technology infrastructure that supports the e-business applications of many companies.
Knowledge workers- People who spend most of their workday creating, using and
Show More

Related Documents: E-Business Chapter 1 Essay

is300 syllabus Essay

California State University, Long Beach College of Business Administration Department of Information Systems Management Information Systems IS 300 Section 09 (9944), Spring 2015 Course Syllabus Instructor: Office: Email: Classroom: Class Hours: Office Hours: Yu-Ming Wang, Ph.D. CBA 432 yu-ming.wang@csulb.edu CBA 112 MW 9:30-10:45AM M 1-4:00PM & W 3-4:00PM Course Description Most organizations today rely heavily on the use of Information Technology (IT) and Information System (IS) to run various…

Words 1289 - Pages 6

Chapter 1 Essay

Communication Chapter 1: Culture B AC K S TAG E , O N S TAG E , C U LT U R E S H O C K , R E V E R S E C U LT U R E S H O C K , G E N E RA L I Z AT I O N S , S T E R E O T Y P E S , BIAS, PREJUDICE, ETHNOCENTRISM, ASSUMPTION OF SUPERIORITY, ASSUMPTION OF UNIVERSALITY, SELFR E F E R E N C E C R I T E R I A , C U LT U RA L I N T E L L I G E N C E . INTB 311 Diversity & Intercultural Communication Culture & Communication Why is understanding culture important? Diversity & Business ◦ To make sense…

Words 1588 - Pages 7

Essay about Jack: Requirements Analysis and Critical Thinking Questions

Systems Analysis and Design: IS 4430 Spring 2014 Department of Operations and Information Systems The David Eccles School of Business The University of Utah Instructor Jon Soldan Class Times Wednesday 6:00 – 9:00pm Classroom SFEBB 1110 Phone (801) 440-0349 Email jon.soldan@business.utah.edu Course Description Systems analysis and design is an essential skill for anyone involved with technology. Whether you are a product manager, functional manager, database administrator, developer…

Words 1219 - Pages 5

Syllabus: Entrepreneurship and Business Plan Essay

Course Syllabus Business Plan Development, Entrepreneurship Spring 2013 Office Hours: Tuesday 1:00 – 4:00pm, by appointment A. Course Text: Barringer, Bruce R. (2009). Preparing Effective Business Plans: An Entrepreneurial Approach, Pearson Prentice Hall. (PEBP) B. Acquire and read this book, “The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It,” Michael E. Gerber…and answer the following questions: 1. What is the entrepreneurial…

Words 590 - Pages 3

English 209 Essay examples

affect marketing operations. Highlights the integration of marketing with other functions in a business organization. INSTRUCTIONAL MATERIALS Required Resources Pride, W. M., & Ferrel, O. C. (2013). Foundations of marketing (5th ed.). Mason, OH: South-Western Cengage Learning. Supplemental Resources A comprehensive list of supplemental resources is located at the end of the course guide. COURSE LEARNING OUTCOMES 1. Identify the key concepts of marketing and its function in society. 2. Explain the fundamentals…

Words 1148 - Pages 5

Common Law and Pg Essay

Homework Exercise (HE) 1 (Part 1 - Chapters 1-5) After each question type your answer followed by citing the page(s) in the text that support your answer. Use additional pages as needed. Each question, 1 – 5 is worth 2 pts. 1. What is law? Briefly, list and describe the sources of business law. Law is rules of conduct, defining rights and responsibilities (Chapter 1, pg. 2). Business law is the rules of conduct between buyers and sellers. There are several sources for business law. A. Constitutional…

Words 1083 - Pages 5

Essay on Human Resource Management and Decenzo / Robbins Chapter

Human Resource Management, 10/e, DeCenzo/Robbins Chapter 5, slide 1 Introduction Human resource planning is a process by which an organization ensures that  it has the right number and kinds of people  at the right place  at the right time  capable of effectively and efficiently completing those tasks that will help the organization achieve its overall strategic objectives Fundamentals of Human Resource Management, 10/e, DeCenzo/Robbins Chapter 5, slide 2 Introduction…

Words 1419 - Pages 6

56782278 1 Essay

Self-Graded Chapter Quiz 1 of 3 http://highered.mcgraw-hill.com/sites/0078137144/student_view0/chapter... Home > Chapter 1 > Self-Graded Chapter Quiz Course-wide Content Cases Business Strategy Game GLO-BUS Online Updates and Errata 1. Review Key Points PowerPoint Presentations 2. Apply Assurance of Learning ... 3. Test Self-Graded Chapter Quiz Self-Graded Chapter Quiz (See related pages) Results Reporter Out of 20 questions, you answered 18 correctly with a final grade of 90% 18 correct (90%)…

Words 2173 - Pages 9

Test Bank For Business In Action 7th Edition Bovee Thill Essay

Business in Action, 7e (Bovee/Thill) Chapter 2 Understanding Basic Economics 1) Economics is the study of how a society uses its scarce resources to produce and distribute goods and services to its citizens. Answer: TRUE Explanation: Economics is the study of how a society uses its scarce resources to produce and distribute goods and services to its citizens. Diff: 1 AACSB: Application of knowledge Chapter LO: 1 Course LO: Compare and contrast different economic systems Classification:…

Words 16586 - Pages 67

Essay on SYLLABUS FISV5600 Winter 2013 14 1

Management School of Business MBA Program TERM: Winter 2013-14 COURSE TITLE: Financial Management COURSE NUMBER: FISV5600 QUARTER CREDIT HOURS: 4.5 Quarter Credit Hours CONTACT HOURS: 45 Lecture Hours PREREQUISITES(S): FISV5000 or ACCT1001 and ACCT1002 PROFESSOR NAME: Timothy Howes OFFICE LOCATION: The Friedman Center – Graduate School OFFICE PHONE: 401-598-1404 OFFICE FAX: N/A E-MAIL ADDRESS: thowes@jwu…

Words 1260 - Pages 6