Chapter 1 Information Systems Quiz

Input; Processing; Output

Enterprise Resource Planning (ERPs); Supply chain management systems (SCM); Customer relationship management systems (CRM); Knowledge management systems (KMS)

To make smart decisions using data and software tools.

<p>To help make smart decisions for tricky, fast-changing problems where there's no set plan.</p> Signup and view all the answers

<p>Intranets are internal company websites accessible only by employees, while Extranets are accessible to approved vendors and suppliers.</p> Signup and view all the answers

<p>By coordinating their business processes and integrating groups of processes.</p> Signup and view all the answers

<p>IT innovations, Cloud computing, Big Data Analytics, Machine Learning, Internet of Things, Growth of mobile digital business platforms, New Business Models, Streaming services, E-commerce Expansion</p> Signup and view all the answers

<p>Nearly all business relationships with customers, suppliers, and employees are digitally done. Core business processes can be achieved through digital networks. The abundance of data leads to flexibility and responsiveness.</p> Signup and view all the answers

<p>IP - Intellectual Property Rights, Core Competencies, Financial and human assets</p> Signup and view all the answers

<p>It is all the hardware and software that a firm needs to use in order to achieve specific business objectives.</p> Signup and view all the answers

<p>Interrelated components that collect and send data to support decision making.</p> Signup and view all the answers

<p>Remote work, Decision making based on real-time data, Changes in firms and organizations, Less emphasis on the position in formal hierarchy, More importance of competency and skills, Higher level of listening to the customer and easier communication</p> Signup and view all the answers