Shared Flashcard Set

Details

Computers in Management
First Quiz (3/12/09- 4/1/09)
48
Management
Undergraduate 1
04/06/2009

Additional Management Flashcards

 


 

Cards

Term
Market Cap
Definition
Worth of entire firm.
(Share price x # of shares)
Term
PE Ratio
Definition
Market cap/After tax earnings
Term
Standard PE
Definition
15%
Term
Google's PE
Definition
23%
Term
Bots
Definition
A command search engines respect to not include a website in searches
Term
Scale Economics
Definition
Exists when a firm can spread costs across increasing units of production.
Term
Revenue
Definition
rough definition: (money coming in)
Term
Google's Revenue comes from 4 main sources
Definition
1. Google websites
2. Ads on network
3. licensing
4. Google enterprise products
Term
Natural/Oraganic Search determined by...
Definition
...Page Rank (# of links to a page determines popularity)
Term
Adwords determined by...
Definition
... Maximum cost per click and Quality score
Term
SEO
Definition
Search engine optimization to increase organic rank
Term
Quality Score determined by 4 main factors..
Definition
1. CTR
2. overall history of keyword
3. ad text relevance
4. user experience on landing page
Term
Geo-targeting
Definition
Choosing to advertise for one specific type of IP address
Term
SEM
Definition
Search engine marketing
Term
4 types of Click Fraud...
Definition
1. Enriching
2.Depleting
3.Disbarring
4. Impression Fraud
Term
3 Kinds of Enriching Click Fraud...
Definition
1. Splog -> Spam Blog (All Ad Websites)
2. Click Farms
3. Zombie Attacks
Term
Depleting Click Fraud
Definition
Clicking rivals ads to deplete ad budget
Term
Disbarring Click Fraud
Definition
Generating bogus clicks to make site operator look like a fraudster. (Think BU professor sabotaging Gallaugher example.)
Term
Impression Fraud
Definition
Repeatedly reloading a search to make a competitors quality score decrease. (Reduces CTR and quality score)
Term
Revenue Mode Goal of Text Ads
Definition
CPC
==> Action ie: Buy tickets now!
Term
Revenue Mode Goal of Display Ads
Definition
CPM (cost/1,000)
==> Branding/Awareness
Term
Cookies
Definition
A way to target audiences
Term
Double Click
Definition
"The nerve center of digital marketing"
(Based on your activity, they try to guess what you're like.)
Term
Mickey Drexeler
Definition
Gap
Term
Preseler's nicknames
Definition
"Dead Man Walking" and "Total System Failure"
Term
Net Income
Definition
=profit (revenue - expenses)
Term
2 Main Contract Manufacturing Risks
Definition
1. Poor quality
2. Risk of human rights violations
Term
Amancio Ortega
Definition
Zara
Term
P.O.S.
Definition
Point of Sales (cash register tells Zara managers what is selling.)
Term
PDA Data
Definition
Shows Zara what customers want more of
Term
*Vertical Integration
Definition
"When a single firm owns several layers of its value chain."
Term
*Value Chain
Definition
"Set of interrelated activities that bring a product or service to market"
Term
Value Chain consists of these 5 sectors...
Definition
1. Inbound logistics
2. Operations
3. Outbound logistics
4. Marketing and Sales
5. Service
Term
Zara's biggest advantage thanks to verticle integration...
Definition
Speed and ability to react
(Zara can operate 12x faster than Gap can.)
Term
Z-Day
Definition
Look for black hangers!
Term
Advertising for Ortega:
Definition
"A pointless distraction"
Term
Zara's 4 Main Operational Risks
Definition
1. Natural disaster
2. Political strife
3. Terrorism
4. Labor strikes
Term
Zara's Main Financial Risk
Definition
It's association with the Euro
(much strong than dollar ==> higher costs for Zara ==> raised prices or lower margins)
Term
2 components of IT
Definition
1. Hardware
2. Software
Term
5 components of IS
Definition
1. Hardware
2. Software
3. Data
4. People
5. Procedures
Term
3 Chinese Firms to Consider in Terms of Globalization
Definition
1. Huawei (60% of sales outside of China)
2. Lenovo (Bought out IBM's Thinkpad Brand)
3. Haier (refridgerators)
Term
Google's coined "3B Networks"
Definition
Other 3 billion people that do not have access to internet
Term
BRIC Nations
Definition
Brazil, Russia, India, China
Term
*Operational Effectiveness
Definition
"Performing the same tasks better than your rivals"

(Comoditization track; Problem lies in sameness)
Term
Cyberhome
Definition
Manufacturer in China that decided to sell direct. Now sells directly to Wal-Mart.
Term
*Strategic Positioning
Definition
"Performing different tasks than your rival or performing the same tasks in a different way."
Term
Design of Technology Alone...
Definition
DOES NOT GIVE COMPETITIVE ADVANTAGE
Term
Sustainability is Grounded in....
Definition
Differences!
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