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MIST notecards test 2
mist
92
Other
Undergraduate 2
10/25/2010

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Cards

Term
scalability 
Definition
concept related to the number of users or volume of operations that a given hardware/software combination can manage; one limitation to early enterprise systems along with being custom designed
Term
enterprise system evolutionary
Definition

  1. stand alone mainframe systems
  2. client server architecture
  3. Service-Oriented architecture (SOA)

Term
three tier client server 
Definition

emergence of this architecture in enterprise systems led to its explosive growth in use during the 1980s and 1990s

 

The three components or layers of this architecture are:

 

  1. presentation layer
  2. application layer
  3. data layer

Term
service-oriented architecture (SOA)
Definition
companies benefited from new technologies that could help integrate many different client-server systems together in new and variable ways; these new technologies are collectively called service-oriented architecture
Term
composite applications
Definition
rely on web services to send and receive data between and among ES
Term
enterprise resource planning (ERP)
Definition
type of ES that is most closely associated with globalization in the 1990s; these systems are the largest and most complex of ES
Term
types of ES 
Definition

 

  1. Enterprise resource planning (ERP)
  2. Supply Chain Management (SCM)
  3. Supplier Relationship Management (SRM)
  4. Product Lifecycle Management (PLM)

 

Term
SCM and SRM
Definition

supply chain management

 

  • connects companies ERP systems to its suppliers
  • connect company to other companies that supply the material they need
supplier relationship management (SRM)
  • typically manages the overall relationship with company suppliers
  • these systems contain functionality to manage the quotation and contract processes

 

Term
CRM
Definition
customer relationship management systems connect a company's ERP systems to its customers; provide companies with the capabilities to manage marketing, sales, and services for its customers
Term
PLM
Definition

Product life cycle management (PLM) helps companies administer the process of research, design, and product management

 

Term
application suite
Definition
the collection of all these systems being put to use
Term
best-of-breed applications
Definition
typically isolated to one process or part of a process and have evolved from departmental applications; for the company to function effectively, all these apps must be tightly integrated
Term
independent software vendors (ISVs)
Definition
offer highly specialized niche applications for various industries and functions
Term
software-as-a-service (SaaS)
Definition
began to deliver ES solutions entirely through the web; this delivery model enables companies to acquire certain ES functionalities without physically installing software on their servers
Term
configuration
Definition
the process of setting up the ES so it can support the work of the business, that is, the business processes
Term
business-to-business (B2B) commerce
Definition
purchasing materials directly from other companies according to the business requirements; requires a standardized process for buying and selling commercial goods and also transferring funds to pay for those goods in an efficient manner
Term
purchase requisition
Definition
a document that identifies the material needed, the quantity needed, and the date it is needed
Term
purchase order
Definition
an agreement to purchase the stated material, for the stated price, under the stated terms; contains pricing and shipping information as well as info on the purchase requisition
Term
free-on-board (FOB)
Definition
this point is the point at which ownership of the material in the shipment legally transfers from one company to the other
Term
packing list
Definition
delivery document that provides details about the materials contained in the shipment
Term
goods receipt document
Definition
verifies that the specified goods have been received
Term
returns process
Definition
involves the physical shipping of any damaged, incorrect, or incomplete products back to the vendor and verifying that the vendor sends a replacement shipment
Term
three-way match
Definition

if data on purchase order, goods receipt, and vendor invoice all match; payment is then sent to vendor

Term

business intelligence

 

Definition

A term combining aspects of reporting, data exploration and ad hoc queries, and sophisticated data modeling and analysis.

 

Term
analytics
Definition
A term describing the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions.
Term
data
Definition
raw facts and figures
Term
information
Definition
data present in a context that can answer a question or support decision making
Term
knowledge
Definition
insight derived from experience and expertise 
Term
database
Definition
a single table or a collection of related tables
Term
database management systems (DBMS)
Definition
sometimes called "database software"; software for creating, maintaining, and manipulating data
Term
structure query language (SQL) 
Definition
a language used to create and manipulate databases
Term
database administrator
Definition
person who sees over actions of the database
Term
table or file
Definition
a list of data, contained in columns (fields) and rows (records)
Term
column or field
Definition
a column in a database table. columns represent each category of data contained in a record
Term
transaction processing systems (TPS)
Definition
systems that record a transaction such as cash register, ATM machine etc
Term
transaction
Definition
some kind of business exchange
Term
loyalty card
Definition
systems that provide rewards and usage incentives, typically in exchange from a method that provides a more detailed tracking and recording of customer activity.  In addition to enhancing data connection, loyalty cards can represent a significant switching cost
Term
artificial intelligence (AI)
Definition
computer software that seeks to reproduce or mimic (perhaps with improvements) human functioning, decision making, brain function
Term
data aggregators
Definition
firms that collect and resell data
Term
legacy system
Definition
Older information systems that are often incompatible with other systems, technologies, and ways of conducting business. Incompatible legacy systems can be a major roadblock to turning data into information, and they can inhibit firm agility, holding back operational and strategic initiatives.
Term
data warehouse
Definition
a set of databases designed to support decision making within an organization
Term
data marts
Definition
a database or databases focused on addressing the concerns of a specific problem (improving customer quality) or business unit (marketing, engineering)
Term
e-discovery
Definition
the process of identifying and retrieving relevant electronic information to support litigation efforts
Term
canned reports
Definition
reports that provide regular summaries of information in a predetermined format
Term
ad hoc reporting tools
Definition
Tools that put users in control so that they can create custom reports on an as-needed basis by selecting fields, ranges, summary conditions, and other parameters.
Term
dashboards
Definition
a heads-up display of critical indicators that allow managers to get a graphic glance at key performance metrics
Term
online analytical processes (OLAP)
Definition
a method of querying and reporting that takes data from standard relational databases, calculates and summarizes the data, and stores the data in a special database called a data cube
Term
data cube
Definition
a special database used to store data in OLAP reporting
Term
data mining
Definition
the process of using computers to identify patterns in, and to build models from, large data sets
Term
over-engineer
Definition
Build a model with so many variables that the solution arrived at might only work on the subset of data you’ve used to create it.
Term
neural network
Definition
an AI system that examines data and hunts down and exposes patterns, in order to build models to exploit findings
Term
expert systems
Definition
AI systems that leverage rules or example to perform a task in a way that mimics applied human expertise 
Term
genetic algorithms
Definition
Model building techniques where computers examine many potential solutions to a problem, iteratively modifying (mutating) various mathematical models, and comparing the mutated models to search for a best alternative.
Term
inventory turnover ratio
Definition
the ratio of a company's annual sales to its inventory
Term
opt-in
Definition
program (typically a marketing effort) that requires customer consent; this program is contrasted with opt-out programs, which enroll all customers by default
Term
customer lifetime value (CLV)
Definition
the present value of the likely future income stream generated by an individual purchaser
Term
taken private
Definition
the process by which a publicly held company has its outstanding shares purchased by an individual or by a small group of individuals who wish to obtain complete ownership and control
Term
Internet Service Provider (ISP)
Definition
an organization or firm that provides access to the internet
Term
URL (uniform resource locator)
Definition
often used interchangeably with "web address," URLs identify resources on the internet along with the application protocol needed to retrieve it 
Term
hypertext transfer protocol (http)
Definition
application transfer protocol that allows web browsers and web servers to communicate with each other
Term
protocol
Definition
enables communication by defining the format of data and rules for exchange
Term
file transfer protocol (FTP)
Definition
application transfer protocol that is used to copy files from computer to another
Term
load balancing 
Definition
distributing a computing or networking workload across multiple systems to avoid congestions and slow performance
Term
fault tolerance
Definition
the ability of a system to continue operation even if a component fails
Term
web hosting service a firm that provides hardware and services to run the Web sites of others
Definition
Term
ICANN (internet corporation for assigned names and numbers)
Definition
nonprofit organization responsible for managing the Internet's domain and numbering systems
Term
cybersquatting 
Definition
acquiring a domain name with the intention of exploiting it for financial gain
Term
hypertext markup language (html)
Definition
language used to compose web pages
Term
IP address
Definition
a value used to identify a device that is connected to the internet
Term
NAT (network address translation)
Definition
A technique often used to conserve IP addresses by maps devices on a private network to single Internet-connected device that acts on their behalf.
Term

domain name service (DNS)

 

Definition

Internet directory service that allows devices and services to be named and discoverable. The DNS, for example, helps your browser locate the appropriate computers when entering an address like http://finance.google.com.

Term
cache
Definition
a temporary storage space used to speed computing tasks
Term
TCP control
Definition
(transmission control protocol)- works at both ends of most internet communication to ensure a perfect copy of a message is sent
Term
packet (datagram)
Definition
A unit of data forwarded by a network. All Internet transmissions—URLs, Web pages, e-mails—are divided into one or more packets.
Term
IP (internet protocol)
Definition
routing protocol that is in charge of forwarding packets on the internet
Term
router
Definition
a computing device that connects networks and exchanges data between them
Term
UDP (user datagram protocol)
Definition
Protocol that operates instead of TCP in applications where delivery speed is important and quality can be sacrificed.
Term
voice over internet protocol (VoIP)
Definition

Transmission technologies that enable voice communications (phone calls) to take place over the Internet as well as private packet-switched networks.

Term

peering

Definition
when separate ISPs link their networks to swap traffic on the internet
Term
internet backbone
Definition
high-speed data lines provided by many firms across the world that interconnect and collectively form the core of the internet
Term
amdaul's law
Definition
a system's speed is determined by its slowest component
Term
last mile technologies
Definition
Technologies that connect end users to the Internet. The last-mile problem refers to the fact that these connections are usually the slowest part of the network
Term
broadband (broadband internet access)
Definition
broadly refers to high speed internet connections and is often applied to "last mile" technologies
Term
bandwidth
Definition
network transmission speeds, typically expressed in some form of bits per second (bps)
Term
coaxial cable (or coax) 
Definition
insulated copper cable commonly used by television cable providers
Term
digital subscription line (DSL)
Definition
broadband technology that uses the wires of local telephone networks 
Term
fiber to the home (FTTH)
Definition
broadband service provided via light-transmitting fiber-optic cables
Term
wireless spectrum
Definition

Frequencies used for communication. Most mobile cell phone services have to license spectrum. Some technologies (such as Wi-Fi) use unlicensed public spectrum

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