Podcast
Questions and Answers
What aspect refers to how much the measure covers the indicator?
What aspect refers to how much the measure covers the indicator?
- Frequency/Obsolescence
- Coverage (correct)
- Objectivity
- Cost to collect and process the measure
Which of the following dimensions relates to the categorization of sales over different time intervals?
Which of the following dimensions relates to the categorization of sales over different time intervals?
- Customer category
- Activity in process
- Time window (correct)
- Geographical nodes
Which factor impacts the requirement to recompute measures based on their regular updates?
Which factor impacts the requirement to recompute measures based on their regular updates?
- Objectivity
- Frequency/Obsolescence (correct)
- Measure presentation
- Data storage
What is the focus of management accounting indicators when defining performance measurements?
What is the focus of management accounting indicators when defining performance measurements?
When assessing the objectivity of an indicator, what aspect is being evaluated?
When assessing the objectivity of an indicator, what aspect is being evaluated?
Which aspect is NOT part of a formal information system?
Which aspect is NOT part of a formal information system?
What is a major consequence of poorly managed hidden communication lines within an organization?
What is a major consequence of poorly managed hidden communication lines within an organization?
Which type of change is characterized as First-Order Change?
Which type of change is characterized as First-Order Change?
What can be a negative outcome of an information system on people?
What can be a negative outcome of an information system on people?
Which components of an information system are interdependent?
Which components of an information system are interdependent?
What is a defining characteristic of a sociotechnical system?
What is a defining characteristic of a sociotechnical system?
Which of the following is most likely to cause IS failure?
Which of the following is most likely to cause IS failure?
What is a significant challenge in replacing legacy systems?
What is a significant challenge in replacing legacy systems?
What is a key component of a company's strategy according to Porter’s model?
What is a key component of a company's strategy according to Porter’s model?
Which force in Porter’s 5 forces model refers to the impact of new companies entering the market?
Which force in Porter’s 5 forces model refers to the impact of new companies entering the market?
How does technological innovation affect company strategy?
How does technological innovation affect company strategy?
What did Fuji do that contributed to its longevity compared to Kodak?
What did Fuji do that contributed to its longevity compared to Kodak?
Which of the following describes competitive advantage in Porter’s model?
Which of the following describes competitive advantage in Porter’s model?
What is implied by the term 'bargaining power of suppliers'?
What is implied by the term 'bargaining power of suppliers'?
According to the diffusion of innovations, how has the time for market changes shrunk?
According to the diffusion of innovations, how has the time for market changes shrunk?
What does the Knowledge Doubling Curve suggest about available knowledge?
What does the Knowledge Doubling Curve suggest about available knowledge?
What is the primary purpose of the input in the control loop model?
What is the primary purpose of the input in the control loop model?
Which type of actor is NOT part of the five types of actors influencing organizations?
Which type of actor is NOT part of the five types of actors influencing organizations?
Which level in Anthony's pyramid model primarily consists of employees engaging in repetitive tasks?
Which level in Anthony's pyramid model primarily consists of employees engaging in repetitive tasks?
What characterizes an application portfolio?
What characterizes an application portfolio?
In the CRASO model, what role does the customer play?
In the CRASO model, what role does the customer play?
What characteristic distinguishes inter-organizational CRASO models?
What characteristic distinguishes inter-organizational CRASO models?
What does a UML deployment diagram primarily depict?
What does a UML deployment diagram primarily depict?
What does the feedback component in the control loop model primarily achieve?
What does the feedback component in the control loop model primarily achieve?
In a deployment diagram, what is termed as a 'node'?
In a deployment diagram, what is termed as a 'node'?
Which of the following best describes the inter-functional CRASO model?
Which of the following best describes the inter-functional CRASO model?
What is one effect of implementing automations via an information system (IS) in an organization?
What is one effect of implementing automations via an information system (IS) in an organization?
Why do many less successful companies resist change?
Why do many less successful companies resist change?
Which of these properly identifies a description of the knowledge level in Anthony's model?
Which of these properly identifies a description of the knowledge level in Anthony's model?
How can the size of an organization be estimated?
How can the size of an organization be estimated?
What is a characteristic of SMEs (Small Medium Enterprises)?
What is a characteristic of SMEs (Small Medium Enterprises)?
What is a data flow diagram primarily used for?
What is a data flow diagram primarily used for?
What is the primary goal of the governance process in managing IT economics?
What is the primary goal of the governance process in managing IT economics?
How is the cost of a unit calculated?
How is the cost of a unit calculated?
What does economy of scale primarily aim to achieve?
What does economy of scale primarily aim to achieve?
Which of the following best describes the concept of total cost of ownership (TCO)?
Which of the following best describes the concept of total cost of ownership (TCO)?
What is an example of utilizing economy of scope?
What is an example of utilizing economy of scope?
What is the network effect in the context of IT services?
What is the network effect in the context of IT services?
In the context of TCO, which phase includes the transportation and registration of a purchase?
In the context of TCO, which phase includes the transportation and registration of a purchase?
Why is it recommended to consider TCO instead of the label cost when comparing solutions?
Why is it recommended to consider TCO instead of the label cost when comparing solutions?
Flashcards
Cost to Collect Data
Cost to Collect Data
The expenses involved in gathering and processing a measure.
Coverage of Measure
Coverage of Measure
The extent to which a measure accurately reflects the indicator it assesses.
Frequency/Obsolescence
Frequency/Obsolescence
How often a measure updates and needs recomputation.
Objectivity of Indicator
Objectivity of Indicator
Signup and view all the flashcards
Dimensions of Measures
Dimensions of Measures
Signup and view all the flashcards
Control Loop Model
Control Loop Model
Signup and view all the flashcards
Input in Control Loop
Input in Control Loop
Signup and view all the flashcards
Output in Control Loop
Output in Control Loop
Signup and view all the flashcards
Process in Control Loop
Process in Control Loop
Signup and view all the flashcards
Feedback in Control Loop
Feedback in Control Loop
Signup and view all the flashcards
CRASO Model
CRASO Model
Signup and view all the flashcards
Anthony's Pyramid Model
Anthony's Pyramid Model
Signup and view all the flashcards
Operational Level
Operational Level
Signup and view all the flashcards
Legacy System
Legacy System
Signup and view all the flashcards
Information System (IS)
Information System (IS)
Signup and view all the flashcards
Sociotechnical System
Sociotechnical System
Signup and view all the flashcards
IS Success
IS Success
Signup and view all the flashcards
IS Failure
IS Failure
Signup and view all the flashcards
First-Order Change
First-Order Change
Signup and view all the flashcards
IS Outcomes
IS Outcomes
Signup and view all the flashcards
Components Interdependence
Components Interdependence
Signup and view all the flashcards
Strategy
Strategy
Signup and view all the flashcards
Porter's 5 Forces Model
Porter's 5 Forces Model
Signup and view all the flashcards
Competitive Advantage
Competitive Advantage
Signup and view all the flashcards
Market Focus
Market Focus
Signup and view all the flashcards
Substitute Products
Substitute Products
Signup and view all the flashcards
Bargaining Power of Customers
Bargaining Power of Customers
Signup and view all the flashcards
Technological Innovation
Technological Innovation
Signup and view all the flashcards
Knowledge Doubling Curve
Knowledge Doubling Curve
Signup and view all the flashcards
Application Portfolio
Application Portfolio
Signup and view all the flashcards
UML Deployment Diagram
UML Deployment Diagram
Signup and view all the flashcards
Node
Node
Signup and view all the flashcards
Artifact
Artifact
Signup and view all the flashcards
Data Flow Diagram
Data Flow Diagram
Signup and view all the flashcards
Organizational Design
Organizational Design
Signup and view all the flashcards
Organizational Variables
Organizational Variables
Signup and view all the flashcards
SME (Small Medium Enterprise)
SME (Small Medium Enterprise)
Signup and view all the flashcards
IT Economics
IT Economics
Signup and view all the flashcards
Governance in IT
Governance in IT
Signup and view all the flashcards
Total Cost of Ownership (TCO)
Total Cost of Ownership (TCO)
Signup and view all the flashcards
Economy of Scale
Economy of Scale
Signup and view all the flashcards
Economy of Scope
Economy of Scope
Signup and view all the flashcards
Network Effect
Network Effect
Signup and view all the flashcards
Cost Calculation of Units
Cost Calculation of Units
Signup and view all the flashcards
Lifecycle Phases of TCO
Lifecycle Phases of TCO
Signup and view all the flashcards
Study Notes
Information Systems
-
Definitions
- Organization: a group of people working together to achieve a set of goals (e.g., a company, army, church). Key aspects include managing resources, implementing business processes, and working towards profit.
- Business process: a set of activities that result in a specific output.
-
High-level models
- (No summary of high-level models is provided.)
-
Low-level models
- Process: A way to represent business processes visually and with specific steps, using text, tables, or models like the CRASO, Anthony's, and T-models.
- Data: A more structured way to document the business processes, identifying the data that a process uses or produces and the relationship between objects and classes, using a Unified Modelling Language (UML) diagram such as a class diagram. Attributes and values of different classes are defined for each object.
- Organization: Visual representation like charts that show the relations between different organizational units (OUs) and their roles, showing who is involved in processes (using the Linear Responsibility Chart or LRC for example) and who has control over which units.
-
Organizations
- Organizations have different characteristics that are linked to organizational variables (which are defined by the organizational design).
- Factors in change management are critical; organizations need to adapt to changes and innovations to remain successful.
-
Strategy
- Defines organizational goals and an action plan to achieve those goals at different levels.
- Factors to consider are profits, interaction with the environment (social and environmental impact), and interaction with the customers.
- Includes a discussion of the NACE (National Classification of Economic Activities) taxonomy, which lists different types of businesses.
- Porter's model describes industry competitive strategies.
-
IT Economics
- Transaction theory: Describes the exchange of products or services between two parties. Internal transactions occur within an organization, while market transactions occur between independent parties. Transaction costs, including time, effort, and information costs, must be considered.
- Agency theory: A theory that examines the relationships between organizational owners (principals) and their staff or employees (agents). It looks at the costs and risks of outsourcing tasks and the costs of monitoring and managing agents' work.
- Decision theory: Explains how decisions are made within an organization (in relation to managing or completing tasks). Three main categories of decisions are described: structured, semi-structured, and unstructured.
-
IT Governance
- Governance is all about decisions relating to IT in an organization, focusing on strategic IT plans and implementation, information architecture, procedures and, in part, investments.
- Includes evaluation of factors like the cost of building or buying software and which factors influence the decision.
-
Outsourcing
- Describes a process where tasks or functions are delegated from internal to external parties. The selection of outsourcers needs to consider the cost, quality of service, and strategic implications.
- Deals with the management and operational issues surrounding the decision on whether to hire specialized external help or to have the tasks done in-house. Includes types of outsourcing and activities involved.
-
Product functions
- Describe the functionalities provided by a product or service in a structured manner.
- This aspect is about evaluating the product functionality to make certain products are effective in performing their intended tasks or goals.
-
Change Management
- Change management is the process of moving from situation A to situation B. This includes evaluating organizational structure, people, technology, and processes. Resistance to change, the David Gleicher formula (DVF>R), and the different types of change (first-order, second-order, third-order) are considered in the context of change management.
- Included are various models and tools that are used in change management.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.