Exam (elaborations)
INSY 2303 Exam 3 UTA - Questions And Answers
- Course
- Institution
INSY 2303 Exam 3 UTA - Questions And Answers
[Show more]
Seller
Follow
Studycafe
Reviews received
Content preview
INSY 2303 Exam 3 UTA - Questions And AnswersInformation System ✔️Ans - Collects, stores, and processes data to provide
useful, accurate, and timely information
Organization ✔️Ans - a group of people working together to accomplish a
goal
Enterprise ✔️Ans - Any organization that seeks profit by providing goods
and services
5 components of an information system ✔️Ans - Hardware, software,
communication networks, policies and procedures, people
Vertical Market ✔️Ans - software designed for a specific industry or
enterprise
Horizontal market ✔️Ans - Software designed for common elements of
many businesses
3 phases of decision making ✔️Ans - 1. Recognize the problem or a need to
make a decision
2. Devise and analyze possible solutions
3. Select an action or solution
Transaction ✔️Ans - an exchange between two parties that is recorded and
stored in a computer system
Transaction processing system (TPS) ✔️Ans - provides a way to collect,
process, store, display, modify, or cancel transactions
Online processing ✔️Ans - a real-time method in which each transaction is
processed as it is entered
Management information system ✔️Ans - any computer system that
processes data and provides information within a business setting
Summary report ✔️Ans - combines, groups, or totals data
, Exception report ✔️Ans - contains information that is outside of normal or
acceptable ranges
Decision support system ✔️Ans - helps people make decisions by directly
manipulating data, accessing data from external sources, generating statistical
projections, and creating data models of various scenarios
Executive information system ✔️Ans - a type of decision support system
designed to provide senior managers with information relevant to strategic
management activities
Expert system ✔️Ans - a computer system designed to analyze data and
produce a recommendation, diagnosis, or decision based on a set of facts and
rules
Knowledge engineering ✔️Ans - the process of designing, entering, and
testing the rules in an expert system
Ecommerce ✔️Ans - business transactions that are conducted electronically
over a computer network
B2C ✔️Ans - Online storefronts such as Amazon that offer merchandise and
services to consumers
C2C ✔️Ans - Consumers sell to each other at popular auction and list sites,
such as eBay
B2B and B2G ✔️Ans - Websites such as FedBid that sell goods and services
to other businesses or to the government
Supply chain ✔️Ans - the sequence of organizations, people, activities,
information, and resources involved in moving a product or service from
supplier to customer
Enterprise resource planning (ERP) ✔️Ans - suite of software modules that
integrate major business activities
ERP Benefits ✔️Ans - 1. improved overall performance
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studycafe. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81989 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now