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MISY160

Business Concepts & Tools ch 9-11

TermDefinition
E-Commerce or electric commerce refers to systems that support electronically executed business transactions
E-Commerce Implemantations refers to the manner in which e-commerce addresses the needs of buyers and sellers
E-Tail refers to several form of electronic retail business that make up B2C(business to consumer) e-commerce
Online Auctions clearinghouse, and marketplaces provide a platform for business and individuals to sell their products and belongings
B2B Global Supply Management (GSM) provides methods for business to find best deals of supplies to manufacture their products
M-Commerce e-commerce that takes place over mobile devices
E-Commerce Technologies includes software and systems that support safe and secure transactions over networks and the Internet
Electronic Data Interchange (EDI) uses private communications networks called value-added networks (VANS), as well as secure internet technologies to standardized transaction data between business partners and suppliers
E-Commerce Host a company that takes on some or all of the responsibility of setting up and maintaining an e-commerce wed site and system for a business
E-Cash web service that provides a private and secure method of transferring funds from a bank account or credit card to online vendors or individuals -ex: Google Checkout, PayPal
Business Systems computer-based information systems that provide organizations with valuable information in a timely and effective manner
Information Management software and computer based systems dedicated to collecting, storing, and manipulating data in manner that produces useful information to base decisions on
Transaction Processing System (TPS) information system used to support and record transactions such as pay form produces or an employee
Management Information System (MIS) provides routine business information to decision makers in a useful and convenient format
MIS Report presents useful in formation for management
Geographic Information System (GIS) captures, manages, analyzes, and displays, geographically referenced information, often using a map
Enterprise Systems large scale applications roled out to the company
Knowledge Management (KM) -knowledge is much more available to the world when it is shared -capturing, storing, and distributing knowledge
Customer Relation Management (CRM) use of information systems to store detailed information on perspective, current, and past customers to improve customer service
Enterprise Resource Planning (ERP) system integrates all data processing in a corporation (enterprise) into one unified system to streamline the information throughout an enterprise and provide greater efficientcies and savings
Systems Development activity of creating new or modifying existing information systems
Systems Development Tools various types of software that assist systems analysts in developing effective and efficient information systems quickly and properly
Systems Investigation 1st stage, looks for cause and scope of a problem
System Analysis 2nd stage, attempts to understand how the existing system helps solve the problem identified in systems investigations
System Design 3rd stage, where a system plan is created to meet the requirements defined in the requirements analysis
Systems Implementation 4th stage, carrying out a system to make the new information system a reality
System Maintenance 5th stage, involves checking, changing, and enhancing the system to make it more useful
System Review analyzing systems to make sure that they are operating as intened
Artificial Intelligence (AI) refers to the art and science of creating computer systems that simulate human thought and behavior
Convectional AI uses programming that emphasizes statistical analysis to calculate the probability of various outcomes in order to find the best solution
Expert System (ES) conventional AI programmed to function like a human in particular field or area
Computer Intelligence is an offshoot of AI that employ methodologies such as neural networks, fuzzy systems, and evolutionary computation to set up a system whereby the software develop intelligence through an iterative learning process
Neural Network or neural net, uses software to simulate the functioning of the neurons in human brains
Turing Test was devised by Alan Turing as a method of determining if a machine exhibits human intelligence
AI Applications melthodologies are applied to solve problems and provide service
Robotics developing mechanical or computer devices to perform tasks that require a high degree of precision or are tedious or hazardous for humans -they do dull, dirty, and dangerous jobs
Created by: NickUD
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