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18 Terms
1
Information System
A set of interrelated components that collect, manipulate, store, and disseminate information, providing feedback to meet an objective.
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2
System
A set of elements or components that interact to accomplish goals, consisting of inputs, processing mechanisms, outputs, and feedback.
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3
Data
A collection of facts that can come in various formats, often regarded as the input for an information system.
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4
Database
An organized collection of facts and information, typically consisting of two or more related data files.
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5
Telecommunications
The electronic transmission of signals for communications, impacting businesses by reducing the barrier of time and distance.
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6
Client/Server System
An architecture that separates tasks between service providers (servers) and service requesters (clients) to facilitate resource sharing.
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7
Enterprise Resource Planning (ERP) System
A set of integrated programs that manage vital business operations for an entire organization.
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8
Management Information System (MIS)
An organized collection of people, procedures, software, databases, and devices that provide routine information to managers and decision makers.
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9
Decision Support System (DSS)
An organized collection of people, procedures, software, databases, and devices that support problem-specific decision making.
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10
Knowledge Management System
An organized collection of people, procedures, software, databases, and devices that create, store, share, and utilize an organization's knowledge and experience.
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11
Feedback
Information from the system that is used to make changes to input or processing activities.
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12
Database Management System (DBMS)
A group of programs that provides an interface between a database and application programs or the user.
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13
Data Mining
The process of analyzing data to discover patterns and relationships within the data.
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14
Big Data
Large amounts of unstructured data that are difficult or impossible to capture and analyze using traditional DBMS.
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15
Internet
The world’s largest computer network, consisting of interconnected networks that freely exchange information.
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16
Intranet
An internal company network built using Internet and World Wide Web standards, used by employees to access company information.
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17
Extranet
A network that links selected resources of a company’s intranet with its customers, suppliers, or other business partners.
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18
E-Commerce
Conducting business transactions electronically over the Internet.
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