Mis 304 Study guides, Class notes & Summaries

Enterprise Resource Planning - central information repository -modular approach, no silos Prototyping - quick delivery of a non-working system, tangible, make adjustments early Crackers - malicious hackers Malware - viruses, includes spyware Phishing - using emails to retrieve personal information and use your identity Cookie - text file that stores data on the internet companies add cookies to pool information about their customer- store and track data across companies The custom design...

What is "Future Shock" - The rapid transition between waves of technology. Easy for young generation but harder for older generation to gras. What ages have we gone through? - Agriculture and Handiwork -->Industrial Revolution-->The Information Age (NOW) What are the Five Mega Trends in the Information Age - Mobile, Social Media, Internet of Things, Cloud Computing, Big Data (All of these trends impact our digital future) What is the Mobile trend? - Manage business in real time vi...

What is "Future Shock" Answer The rapid transition between waves of technology. Easy for young generation but harder for older generation to gras. What ages have we gone through? Answer Agriculture and Handiwork -->Industrial Revolution-->The Information Age (NOW) What are the Five Mega Trends in the Information Age Answer Mobile, Social Media, Internet of Things, Cloud Computing, Big Data (All of these trends impact our digital future) What is the Mobile trend? Answer Manage b...

"Big Data" is usually associated with A. Large data volumes B. Data Variety C. Elimination of security problems D. All of the above E. A & B (only) Answer E. A & B (only) Social Engineering (i.e., human hacking) is a dangerous problem for organizations only. (T/F) Answer False BYOD: Cost savings of "Bring Your Own Device" outweigh the consequences of BYOD (T/F) Answer False The IT Productivity Paradox is concerned with all but: Answer Outsourcing Big Data is characterized...

"Big data" is usually associated with correct answers both large data volume and data variety Porter's competitive forces framework includes which of the following sources of competition? correct answers Threat of potential new entrants into an industry Rivalry among existing firms in the industry Existence of substitute products/services (from other industries) that customers can switch to Bargaining power buyers have in an industry T or F: Some stores use technology to track your s...

externally focused systems improve information flows between departments and processes correct answers False a major disadvantage of ERP is it does not allow for modular implementation of software correct answers false excel supports importing data from ___ correct answers MS Access The custom designing of products is a step within the following core business process correct answers Make-to-order ____ is an attempt to trick financial account and credit card holders into giving away i...

Types of e-commerce correct answers about internet exchange. Business models: categorized based on who is the "consumer" (buyer) and who is the "provider" (seller). B2B, B2C, C2C, G2C(gov), G2B, G2G brick-and-mortar correct answers Space restrictions "Limit of how much space you can take up without increasing cost" Have limited shelf space in store.... Trust- Can talk to an associate about a product... Time- Can get the product Immediately click and mortar correct answers Inter...

The "Safeway" chain made up of physical grocery stores is clearly able to take advantage of the Long Tail True False Answer False Some stores use technology to track your shopping habits True False Answer True A "Dashboard" provides short-term information and is primarily used by -None of the other options are correct -Operational staff -Executives -Automobile executives -Managers Answer Managers Revenue Models for E-Businesses Include -Subscription -Web advertisi...

Types of e-commerce - about internet exchange. Business models: categorized based on who is the "consumer" (buyer) and who is the "provider" (seller). B2B, B2C, C2C, G2C(gov), G2B, G2G brick-and-mortar - Space restrictions "Limit of how much space you can take up without increasing cost" Have limited shelf space in store.... Trust- Can talk to an associate about a product... Time- Can get the product Immediately click and mortar - Internet isn't restricted to a specific location, ...

What is future shock? - Rapid transition between waves of technology, easy for young generation but harder for older generation to grasp. 5 Major IT Mega Trends - Mobile Social Big Data Cloud Computing Internet of Things Social Trend - Twitter, LinkedIn What you put out into the world spreads rapidly good or bad Big Data Trend - Volume - Merging, Velocity - Tracking, Variety Cloud Computing Trend - Dropbox, External Storage Internet of Things (what is it and examples) - Putting a comp...