Information Technology Exam

Information Technology Exam - Term Definition Information...

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Term: Information age Definition: When infinite quantities of facts are widely available to anyone who can use a computer Term: Data Definition: Raw facts that describe the characteristics of an event or object Term: Information Definition: Data converted into a meaningful and useful context Term: Variable Definition: A data characteristic that stands for a value that changes or varies over time
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Term: Business Intelligence Definition: Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making Term: Knowledge Definition: Includes the skills, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources. Term: Knowledge Workers Definition: Individuals valued for their ability to interpret and analyze information Term: Accounting Definition: Records, measures, and reports monetary transactions
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Term: Finance Definition: Deals with strategic financial issues including money, banking, credit, investments, and assets Term: Human resources Definition: Maintains policies, plans, and procedures for the effective management of employess Term: Marketing Definition: Supports sales by planning, pricing, and promoting goods of services Term: Sales Definition: Performs the function of selling goods or services Term: System Definition: A collection of parts that link to achieve a common purpose
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Term: Systems Thinking Definition: A way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part Term: Feedback Definition: Information that returns to its original transmitter (input, transform, or output) and modifies the transmitter's actions Term: Management Information Systems Definition: A business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision making and problem solving Term: Chief Information Officer Definition: Is responsible for 1) overseeing all uses of MIS and 2) ensuring that MIS strategically aligns with business goals and objectives
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Term: Chief Knowledge Officer Definition: Is responsible for collecting, maintaining, and distributing company knowledge Term: Chief Privacy Officer Definition: Is responsible for ensuring the ethical and legal use of information within a company Term: Chief Security Officer Definition: Is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses Term: Chief Technology Officer Definition: Is responsible for ensuring the speed, accuracy, availability, and reliability of the MIS Term: Business Strategy Definition: A leadership plan that achieves a specific set of goals or objectives
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Term: Competitive Advantage Definition: A feature of a product or service on which customers place a greater value than they do on similar offerings from
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