BIS 255 Word Scramble
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| Question | Answer |
| Business Intelligence | Provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace |
| Transaction processing systems (TPS) | focus on data collection and processing; the major reason for using them is cost reduction |
| Management information system (MIS) | is an organized integration of hardware and software technologies, data, process, and human elements designed to produce timely, integrated, relevant, accurate, and useful information for decision-making purposes. |
| 4 Major components of an information system | Data, Database, Process, Information |
| Information Technology | Support information systems and use the internet, computer networks, database systems, POS systems, and RFID tags |
| Porters 5 forces model | Buyer Power, Supplier Power, Threat of substitute products or services, Threat of new entrants, Rivalry among existing competitors |
Created by:
dale1
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