Management information system, umass lowell first test study
Rivalry among existing rivals
Buying power
Supplier power
Competition from new entrants
Data
Information
Software
Metadata
Michael Porter
Peter Drucker
Tom Peters
Abraham Maslow
Overall cost leadership strategy
Focus strategy
Product differentiation strategy
Price differentiation strategy
Smooth
Fine
Coarse
Distributed
Threat of substitute products or services is high.
Supplier power is high.
Buyer power is low.
Threat of substitute products or services is low.
Rivalry among existing rivals
Buyer power
Supplier power
Competition from new entrants
Data
information
knowledge
business intelligence
Variable cost
Fixed cost
Marginal cost
Opportunity cost
Grow
Run
Transcend
Transform
Transcend
Run
Transform
Grow
the quantity of data within the information.
The quality of data within the information.
the frequency of data within the information.
the extent of detail within the information.
Input device
Telecommunications device
Connecting device
Output device
Originates at the lowest level of the organization and is passed downward through the various levels.
originates at a higher level and is passed to lower levels.
flows between functional business units and work teams.
is communicated from and to customers, suppliers, distributors, and other partners for the purpose of doing business.
Answer a program that rewards suppliers when delivery of products and services exceeds expectations.
An analysis of customers and their recurring purchasing habits with your business.
a reward system for customers based on the amount of business they do with your business.
a process of moving into a new market for a particular product or service.
Tactical information planning (TIP)
Strategic technology planning (STP)
Run-grow-transform (RGT) framework
Transforming IS strategy (TISS)
Information system
Information technology
Information superhighway
Information science
Mercedes Benz
Hyundai
Rolls-Royce
Aston Martin
Money
Opportunity
Technology
People
Recommendation engines
Virtual goods
Cloud computing
Crowdsourcing
Validity
Timeliness
Relevance
Form
A message expressing an opinion based on incomplete evidence
a collection of facts from which conclusions may be drawn
Is data that have a particular meaning within a specific context
Raw facts that describe a particular phenomenon
Downward
Horizontal
Upward
Outward
Objective
Subjective
External
Internal
central processing unit (CPU)
digital versatile disc (DVD)
Connecting unit
Output unit
The set of laws established by the government.
promises of loyalty or allegiance to a cause or a person.
The principles and standards that guide our behavior toward other people.
A list of common religious customs and traditions.
Gain
Run
Grow
Transform
Tactical information planning (TIP)
Strategic technology planning (STP
Transforming IS strategy (TISS)
Run-grow-transform (RGT) framework
Unrefined
fine
Concentrated
Coarse
A Connecting device
An Operating System
System software
Application software
Weight
Validity
Application
Relevance
data; information
Information; data
Knowledge; business intelligence
Business intelligence; information system
First in never out (FINO)
First in first out (FIFO)
garbage-in-garbage-out (GIGO)
Last in first out (LIFO)
Timeliness
Form
Location
Relevance
Connecting device
Telecommunication device
Output device
CPU
Buyer power and supplier power should be low.
Buyer power should be low and supplier power should be high.
Buyer power should be high and supplier power should be low.
Buyer power and supplier power should be high.
Factual information that a person knows
Raw facts that describe a particular phenomenon
knowledge acquired through study, experience or instruction
Information that have a particular meaning within a specific context
Horizontal
Upward
Downward
Outward/inward
Attempts to describe something that is unknown.
Describes the environment surrounding the organization.
Describes specific operational aspects of an organization.
quantifiably describes something that is known.
Data
Knowledge
Information
Business intelligence (BI)
A Patek Philippe watch
A YSL perfume
Bentley Continental GT
Lifebuoy soap
Ethics and laws are the same.
Laws and ethics clearly require or prohibit an action.
Ethics are more subjective than laws.
Laws are more a matter of personal or cultural interpretation, unlike ethics.
Overall cost leadership
Price differentiation
Product differentiation
Focus
Data
information
Software
Information system
Data
Information
Software
metadata
The start-up costs incurred when replacing old technology with new
The costs incurred due to the inability to switch back to your first brand after moving to an alternative brand
A non-refundable fine levied against the customer for switching to a competitor
The costs that make customers reluctant to another project or service supplier
Through focus
Through overall cost leadership
Through loyalty enhancement
Through differentiation
Attempts to describe something that is unknown
describes the environment surrounding the organization.
describes specific operational aspects of an organization.
Quantifiably describes something that is known.
Software
Utilities
Hardware
Rules
Hardware
Software
Data
Information
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