ADM 1370 Uottawa

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100 Terms

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Information System

a set of hardware, software, data, people, and procedures that work together to produce information

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Information Technology (IT)

the computers and other electronic devices used to store, retrieve, transmit and manipulate data

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Management Information Systems (MIS)

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

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Analytics

Tools and Techniques for data driven decision making

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Computer Science

Why does the tech work?

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Information Technology (IT)

How does the tech work?

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Management Information Systems (MIS)

Which Tech would work best?

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Technical Approach

This socio-technical view focuses on the mathematical based models, such as, computer science, management science, etc.

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Behavioural Approach

this socio-technical view focuses on the behavioural issues, such as, Psychology, economics, sociology

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Input, Processing, Output

The three core activities of information systems

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> The ability to tap into collective intelligence
> Relies on user-generated and user-controlled content
> Lightweight programming tech let anyone become a website developer
> Can be easily adapted to meet changing needs

Characteristics of Web2.0

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user-generated content

Various forms of media content that are publicly available and created by end-user

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Web2.0

refers to applications on the web that allow users to interact to user generated content, design, and callobration; includes the function of social media websites

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> Needs to be published either on a public website or a social networking site accessible to a select group
> Needs to show a certain amount of creative effort
> Needs to be created outside of professional practices

3 Basic Requirements for User-Generated Content

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Functional Information System

System for processing payroll

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Transaction Processing System (TPS)

Walmart self checkout

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Enterprise Resource Planning (ERP)

Oracle, Sap system

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Social Media

a group of internet based application that builds on the ideological and technological foundations of Web2.0, and allow the creation and exchange of user-generated content

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> allows businesses to engage with customers, prospects, partners and networks
> create opportunity by communicating and sharing information
> manage reputation

Social media implications for business

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Structured Data

information with a high degree of organization, such that inclusion in a relational database is seamless and readily searchable by simple, straightforward search engine algorithms or other search operations

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unstructured data

nonnumeric information that is typically formatted in a way that is meant for human eyes and not easily understood by computers

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Traditional Approach

The data analysis approach in which business users determine what questions to ask and then the information technology structures the data to answer the question

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Big Data Approach

the data analysis approach in which information technology delivers a platform to enable creative discovery then business users explore which questions can be asked.

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volume, variety, velocity, veracity

The four V's of Data analysis challenges:

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Social Networking Analysis (SNA)

measuring of relationships and flow between people, groups, organizations, computers, or other information or knowledge processing entities.

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Network

a group of two or more people and/or computer systems linked together

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social commerce

social interactions and user contributions allow customers to participate actively in the marketing and selling of products and services in online market places and communities

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End-users, Use cases, Functionality

Three factors that cause social media to fluctuate

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Objective, Tactics, Metrics

Components of Social media Strategies

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Metrics

Measurements that evaluate results to determine whether a project is meeting its goals

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Tactics

Customers, Sharing, Who, and Brand alignment are components of which components of social media strategy

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Classic Objective

Increase sales, decrease expenses, improve ROI

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Social Objective

Engagement, influence, advocacy, personalization

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Plan, Do, Check, Act

What is the framework for strategy?

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Activity Metrics

which type of metrics involves page views, unique number of visitors, and time spent on site.

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Return on Investment (ROI)

Which type of metrics involve sales and marketing

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Tactical Metrics

this is an example of which type of metrics:
"increase traffic to our website by 10%"

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Strategic metrics

This metric involves consumers responses

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Web1.0

Which Web is the users not involved

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Web2.0

Social networking sites, Video sharing sites and wikis are examples of what?

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Enterprise2.0

Web2.0 technologies used for a business purpose

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Wikis

A website that allows the easy creation and editing of any number of interlinked web pages, using a simplified markup language

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Rich Site Summary (RSS)

a feed for websites such as news and blogs to notify a user when there

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Aggregators

software programs that go out and grab the latest updates of web material according to your specifications

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Mashup

a website or web application that uses content from more than one source to create a completely new product or service

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Mashups

Padmapper.com
Portwiture.com
Trendsmap.com
are examples of what

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Application Programming Interface (API)

A block of code in the operating system that software applications need ignorer to interact with each other.

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Folksonomy

common feature of most social media and web2.0 platforms. it creates a common and shared vocabulary of related terms of key words with each unique type of content.

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Spreadsheet

A grid of rows and columns in which you enter text, numbers, and the results of calculations.

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Alternatives to Excel

ProofHub, Google Sheets

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Worksheet

A computerized spreadsheet, that may contain data include, text, numbers, formulas, charts, etc.

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Workbook

a collection of related worksheets

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Select All Button

top left of the worksheet, inward facing triangle

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status bar

Displays information about the selected command or operations in progress

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Cell

an intersecting column (letter) and intersecting row (number) such as A5 or $A$5

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Range

a set of cells described by the top left most cell of desired cells to the bottom right most cell of desired cell. (A1:B5 or $A$1:$B$5)

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Relative References

used when you want to referenced cell to change along with the formula being copied from one place to another in a worksheet (A5 or A5:B6)

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Absolute References

used when you want the referenced cells to remain the same when the formula is being copied from one place to another in a worksheet ($A$5 or $A$5:$B$6)

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Mixed References

• $A5 where the column will not change when copied, but the row will change.
• A$5 where the column will change when copied, but the row will not change.

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Auto Fill

An Excel feature that automatically fill cells with data, formatting, or both. By dragging the "fill handle" over adjacent cells

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Formulas

Must start with an equals sign, used to perform operations and arrive at a calculated result.

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Functions

predefined worksheet formulas that enable you to perform complex calculations easily

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Sorting

arranging data it in a certain order such as alphabetic or numeric

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Filtering Data

the process of displaying only records that meet specific conditions

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Flash Fill

A new feature in Excel that is similar to AutoFill.
When Excel recognizes a pattern based on other information in
your workbook, it uses the pattern to enter data into several cells
at once.

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Filtering Unique Values

a data delivery function which is used to filter and deliver unique values from a list

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Data Delivery Functions

These functions can be used to verify data, search for data, transform data or deliver data from one point to another, however they do not perform calculations.

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Data Validation

A set of rules that determine what users can enter in a specific cell or range. Often used to create dropdown menus

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lookup functions

used to retrieve values from a table based on lookup values

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Lookup Tables

Tables containing data that computer programs can develop and use to simplify and shorten data entry

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Subtotals

used to summarize a list of data after the list of data has been sorted by the field which you wish to use

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Grouping

Organizing data so it can be viewed as a collapsible and expandable outline.

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Heuristics

Methods used to speed up the process of finding a good enough solution, where an exhaustive search or advanced problem-solving techniques are impractical.

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Logical test

Any expression that can be evaluated and returns as logical values. (true or false.)

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Logical Function

AND, OR, NOT functions are examples of this kind of function:

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AND Function

this logical function allows you to test the condition of more than one criterion and only returns true if all tested conditions are true

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OR Function

a logical function that returns a TRUE value if any of the logical conditions are true, and a FALSE value if none of the logical conditions are true

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NOT Functions

used when you want to make sure a value is not equal to one particular value

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Conditional Functions

Results of this functions may be a specified value or a calculated value (including IF, Count IF, SUM IF, Average IF)

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IF functions

evaluates whether a condition or a logical test is true or false and returns one value if the condition is true and another value if the condition is false

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Nested IF Function

when one IF function is placed inside another IF function to test an additional condition

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COUNT IF FUNCTION

Returns the number of cells in a range that meet a condition set forth in a formula

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SUM IF FUNCTION

used to calculate the total for a set of values that match a specific criterion

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AVERAGE IF FUNCTION

used to calculate the average for a set of values that match a specific criterion

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Mental, Visual, Physical, Mathematical

Types of Models

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Models

Simplified versions of what they are representing

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A Computer Model

A set of mathematical relationships and logical assumptions implemented in a computer as a representation of some real-world object or phenomenon (ex. Spreadsheets)

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Modelling Approach to Problem solving

Decisions, Outcomes, structure, and data are components of :

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90%

the percentage of all spreadsheets that have errors that affect their results

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Annuity

a series of cash payments made over a continuous period

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Business Intelligence (BI)

a broad category of applications, technologies, and processes for gathering, storing, accessing, and analyzing data to help business users make better decisions

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Business Intelligence Components

Reporting, Analytics, Dashboards

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Dashboards

Reporting mechanisms that aggregate and display metrics and key performance indicators. helpful in decision making

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Types of Dashboards

strategic, analytical, operational

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Strategic Dashboard

Provides an overview of an organization. Easy to access and read computer program that integrates a variety of performance measures into one display, usually with graphs or charts.

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Analytical Dashboards

support sophisticated data analysis by facilitating rich comparisons and fine-grained performance evaluations

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Operational Dashboards

uses simple display media to quickly identify and understand events and to ensure timely responses

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Strategic

which dashboards are most common through the use of excel

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Types of Visualization and Display Media for Dashboards

highlighted text, summarized text, Icons, Graphs, charts,
and sparklines

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Charts

Graphic representation that present information in easily interpreted formats