ITM 100 Class 10 (2.2 Continuation) Key Terms 2025/2026

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35 Terms

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affinity bias

A tendency to connect with, hire, and promote those with similar interests, experiences, or backgrounds.

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algorithm

Mathematical formula placed in software that performs analytics on a dataset. Algorithms are step-by-step procedures or rules for solving a problem or accomplishing a particular task.

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artificial intelligence (AI)

Simulates human intelligence such as the ability to reason and learn, focusing on three cognitive skills: learning, reasoning, and self-correction.

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bias

A disproportionate weight in favor of or against an idea or thing, usually in a way that is closed-minded, prejudicial, or unfair.

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black box algorithm

A decision-making process that cannot be easily understood or explained by the computer or the researcher.

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bottleneck

Occurs when resources reach full capacity and cannot handle any additional demands; it limits throughput and impedes operations.

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business process reengineering (BPR)

The analysis and redesign of workflow within and between enterprises.

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computer vision

Refers to the development of algorithms that can interpret and analyze visual information, including images and videos.

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confirmation bias

Actively looking for evidence that backs up preconceived ideas about someone.

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conformity bias

Acting similarly, or conforming to those around you, regardless of your own views.

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data augmentation

Occurs when adding additional training examples by transforming existing examples.

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deep learning

A process that employs specialized algorithms to model and study complex datasets; the method is also used to establish relationships among data and datasets.

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digital transformation

The process of using digital technologies to fundamentally transform business processes, operations, and customer experiences.

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expert system

Computerized advisory programs that imitate the reasoning processes of experts in solving difficult problems.

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fuzzy logic

A mathematical method of handling imprecise or subjective information.

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Generalized AI

Refers to AI systems that possess human-level intelligence and are capable of understanding, learning, and performing any intellectual task a human being can do.

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genetic algorithm

An artificial intelligence system that mimics the evolutionary, survival-of-the-fittest process to generate increasingly better solutions to a problem.

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machine learning

A type of artificial intelligence that enables computers to understand concepts in the environment and learn.

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managerial business process

Semidynamic, semiroutine, monthly business processes such as resource allocation, sales strategy, or manufacturing process improvements.

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measurement bias

Occurs when there is a problem with the data collected skewing the data in one direction.

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name bias

The tendency to prefer certain types of names.

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natural language processing (NLP)

Refers to the development of algorithms that can analyze and understand human language, including text and speech.

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neural network

A category of AI that attempts to emulate the way the human brain works.

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overfitting

Occurs when a machine learning model matches the training data so closely that the model fails to make correct predictions on new data.

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prejudice bias

A result of training data that is influenced by cultural or other stereotypes.

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redundancy

Occurs when a task or activity is unnecessarily repeated.

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robotic process automation (RPA)

The use of software with artificial intelligence (AI) and machine learning capabilities to handle high-volume, repeatable tasks that previously required a human to perform.

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robotics

Focuses on creating artificial intelligence devices that can move and react to sensory input.

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sample bias

A problem with using incorrect training data to train the machine.

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strategic business process

Dynamic, nonroutine, long-term business process such as financial planning, expansion strategies, and stakeholder interactions.

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streamlining

Improves business process efficiencies, simplifying or eliminating unnecessary steps.

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strong AI

A type of artificial intelligence that has the ability to perform any intellectual task that a human can perform.

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underfitting

Occurs when a machine learning model has poor predictive abilities because it did not learn the complexity in the training data.

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variance bias

A mathematical property of an algorithm.

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weak AI

A type of artificial intelligence that simulates human reasoning and is designed to perform a specific task with a dedicated purpose.