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[Show more]data - Answer-- raw information about characteristics of an event or object 
- ex: order date, amount sold, customer number, quantity ordered 
information - Answer-- Data converted into a meaningful and useful context 
- ex: best-selling product, worst customer, best customer 
business intelligence ...
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Add to cartdata - Answer-- raw information about characteristics of an event or object 
- ex: order date, amount sold, customer number, quantity ordered 
information - Answer-- Data converted into a meaningful and useful context 
- ex: best-selling product, worst customer, best customer 
business intelligence ...
Disruptive Technology - Answer-A new way of doing things that does not initially meet the needs of 
existing customers. They tend to open new markets and destroy old ones 
sustaining technology - Answer-produced an improved product that customers are eager to buy, such as 
a faster car or a larger h...
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Add to cartDisruptive Technology - Answer-A new way of doing things that does not initially meet the needs of 
existing customers. They tend to open new markets and destroy old ones 
sustaining technology - Answer-produced an improved product that customers are eager to buy, such as 
a faster car or a larger h...
CHAPTER 9: methodology - a set of policies, procedures, standards, processes, practices, tools, 
techniques, and tasks that people apply to technical and management challenges 
waterfall methodology - A sequence of phases in which the output of each phase becomes the 
input for the next 
prototyping...
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Add to cartCHAPTER 9: methodology - a set of policies, procedures, standards, processes, practices, tools, 
techniques, and tasks that people apply to technical and management challenges 
waterfall methodology - A sequence of phases in which the output of each phase becomes the 
input for the next 
prototyping...
Fact - Answer-The confirmation or validation of an event or object. 
ex- Water is boiling at 100 degrees celcius 
Information Age - Answer-The present time, during which infinite quantities of facts are widely available 
to anyone who can use a computer. 
Core Drivers of the Information Age - Answer...
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Add to cartFact - Answer-The confirmation or validation of an event or object. 
ex- Water is boiling at 100 degrees celcius 
Information Age - Answer-The present time, during which infinite quantities of facts are widely available 
to anyone who can use a computer. 
Core Drivers of the Information Age - Answer...
External Threats - Threats that originate outside an organization 
examples of external threats - -weather: This affects seasonal business that depends on good 
conditions 
-the economy: If you sell something consumers need in any economy, you will fare better than others 
-Material shortages: tensi...
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Add to cartExternal Threats - Threats that originate outside an organization 
examples of external threats - -weather: This affects seasonal business that depends on good 
conditions 
-the economy: If you sell something consumers need in any economy, you will fare better than others 
-Material shortages: tensi...
MIS - Management Information Systems- a business function, like accounting and human 
resources, which moves info about people, products, and processes across the company to facilitate 
decision making and problem solving 
CIO - Chief Information Officer: oversees all uses of IT and ensures the stra...
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Add to cartMIS - Management Information Systems- a business function, like accounting and human 
resources, which moves info about people, products, and processes across the company to facilitate 
decision making and problem solving 
CIO - Chief Information Officer: oversees all uses of IT and ensures the stra...
structured data - Answer-data easily searchable by algorithms 
ex. facts, questionnaire, online behavior, constructed data 
unstructured data - Answer-data that is difficult to be searched by algorithms, doesn't fit into relational 
databases; has internal structure but it is not structured via pre...
Preview 2 out of 9 pages
Add to cartstructured data - Answer-data easily searchable by algorithms 
ex. facts, questionnaire, online behavior, constructed data 
unstructured data - Answer-data that is difficult to be searched by algorithms, doesn't fit into relational 
databases; has internal structure but it is not structured via pre...
information granularity - Answer-the extent of detail within the information (fine and detailed or coarse 
and abstract) 
real-time information - Answer-immediate, up-to-date information 
real-time system - Answer-provides real-time information in response to requests 
information inconsistency - An...
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Add to cartinformation granularity - Answer-the extent of detail within the information (fine and detailed or coarse 
and abstract) 
real-time information - Answer-immediate, up-to-date information 
real-time system - Answer-provides real-time information in response to requests 
information inconsistency - An...
Data - Answer-raw facts that describe the characteristics of an event or object 
Examples: Order date; amount sold; customer number; quantity ordered 
Information - Answer-Data converted into a meaningful and useful context 
Examples: Best selling product; best customer; worst selling product; worst...
Preview 3 out of 16 pages
Add to cartData - Answer-raw facts that describe the characteristics of an event or object 
Examples: Order date; amount sold; customer number; quantity ordered 
Information - Answer-Data converted into a meaningful and useful context 
Examples: Best selling product; best customer; worst selling product; worst...
What is a fact? - Answer-the confirmation or validation of an event or object 
What are the core drivers of the information age? - Answer-1. data 
2. information 
3. business intelligence 
4. knowledge 
What is the information age? - Answer-the present time, during which infinite quantities of facts...
Preview 2 out of 11 pages
Add to cartWhat is a fact? - Answer-the confirmation or validation of an event or object 
What are the core drivers of the information age? - Answer-1. data 
2. information 
3. business intelligence 
4. knowledge 
What is the information age? - Answer-the present time, during which infinite quantities of facts...
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