NPTEL Management Information Systems Comprehensive Revision Flashcards

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Description and Tags

A complete set of vocabulary flashcards covering key definitions, enterprise systems, and frameworks from the NPTEL Management Information Systems lecture bank.

52 Terms

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DIKW Hierarchy

A knowledge pyramid describing the upward transformation of raw Data into structured Information, actionable Knowledge, and context-applied Wisdom.

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Information System

A set of interrelated components that collect, process, store, and distribute information to support decision making, coordination, and control in an organization.

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Servitization

A business transformation driven by automation and integration where a firm shifts from a product-centered model to a service-oriented model, such as selling maintenance contracts instead of standalone equipment.

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Primary Key

A unique attribute or combination of attributes within a relational database table that distinctly identifies each individual record.

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Foreign Key

A primary key from an external table utilized inside another table as a lookup field to establish relationships between records.

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Data Redundancy

The unnecessary duplication of identical data across multiple storage files, typical of traditional file-based processing.

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Data Inconsistency

A condition resulting from data redundancy where different copies of the same attribute reflect conflicting values across disparate files.

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Database Management System (DBMS)

Software functioning as an interface between application programs and physical data files, centralizing control, reducing inconsistency, and enforcing security.

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Online Analytical Processing (OLAP)

A core Business Intelligence capability enabling multidimensional data analysis across multiple perspectives to support managerial decision-making.

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Enterprise Resource Planning (ERP)

An integrated enterprise-wide information system built on a single central database and common computing platform to coordinate resources and business processes across functional silos.

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SAP

An acronym for Systems, Applications & Products in Data Processing, founded in 1972 in Mannheim, Germany, by five former IBM engineers.

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SAP R/3 Architecture

A classic three-tier enterprise client/server architecture comprising a presentation layer (GUI), an application layer (business logic), and a database layer.

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Availability to Promise (ATP)

An ERP capability enabling a company to verify stock, manufacturing status, and transit inventory to book products and promise firm delivery dates to specific customers.

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Upstream Supply Chain

The segment of the supply chain network that encompasses external raw material suppliers and their sub-tier suppliers feeding into the manufacturing firm.

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Downstream Supply Chain

The demand-side segment of the supply chain responsible for outbound distribution, delivery logistics, and sales to end customers.

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Bullwhip Effect

The amplification and distortion of demand variance as orders travel upstream away from final consumer sales toward raw material suppliers.

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Just-in-Time (JIT)

A lean manufacturing strategy requiring components and materials to arrive precisely at the time they are consumed in production, eliminating large inventory buffers.

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Customer Relationship Management (CRM)

A comprehensive organizational strategy combining people, processes, and technology to acquire, retain, and service customers while feeding customer insights into operations.

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Bill of Materials (BOM)

A hierarchical structured listing of all raw materials, components, assemblies, and quantities required to manufacture a single unit of a finished product.

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Master Production Schedule (MPS)

A detailed manufacturing statement and MRP input specifying exactly which finished goods will be produced and the specific timeframe for their completion.

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Capacity Requirement Planning (CRP)

The production planning process that checks open shop orders and planned orders against physical machine and labor limits to ensure sufficient execution capacity exists.

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Dependent Demand

Demand for raw materials and component parts that is mathematically calculated or derived from the independent demand of parent finished goods via the Bill of Materials.

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Independent Demand

Demand for end items or finished goods originating directly from marketplace customer requirements, independent of other component manufacturing schedules.

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Computer-Aided Design (CAD)

Software technology enabling engineers to digitally design, model, and simulate physical products and parts prior to manufacturing physical prototypes.

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Statistical Process Control (SPC)

A quality-monitoring methodology using graphical control charts with upper and lower statistical limits to identify out-of-control manufacturing conditions requiring correction.

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Marketing Intelligence Subsystem

A formal component of an MKIS that continuously and systematically monitors external competitive environments, market developments, and industry trends.

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Sales Force Automation (SFA)

Software tools providing mobile sales representatives with real-time access to contact databases, opportunity pipelines, pricing tools, and territory performance metrics.

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Business Diamond

An organizational design model emphasizing that People, Structure, Tasks, and Information Control must remain aligned when introducing technology.

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Balanced Scorecard (BSC)

A strategic performance management framework tracking organizational vision and operational goals across four balanced perspectives: Financial, Customer, Internal Business Process, and Learning & Growth.

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Service Level Agreement (SLA)

A negotiated formal or informal contract between an organization and a provider defining measurable parameters of performance, availability, billing, and penalty structures.

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Ubiquity

An inherent e-commerce attribute describing access to digital marketplaces from any geographical location at any time.

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Information Density

An e-commerce characteristic wherein available marketplace information becomes cheaper, more plentiful, and significantly more accurate.

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Personalization

An e-commerce marketing technique that dynamically adjusts promotional messages and content displayed to consumers based on their historical clickstream actions.

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Customization

The capability of e-commerce systems to allow consumers to modify the physical specifications, features, or styling of the delivered product itself.

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Infrastructure as a Service (IaaS)

A cloud computing model where the vendor delivers raw virtual servers, networking, and storage, while the customer maintains operating systems and software applications.

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Platform as a Service (PaaS)

A cloud tier where the service provider supplies the runtime, libraries, security, and hypervisor management, allowing clients to develop and deploy custom applications.

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Software as a Service (SaaS)

A cloud deployment model where complete, centrally hosted application software is delivered over the internet directly to end-users on demand.

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Sensor

An Internet of Things device designed to detect and measure physical or environmental parameters and convert them into electrical signals.

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Actuator

A mechanical or electrical IoT device that receives a control signal and converts it into physical movement, altering its state or the state of surrounding equipment.

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Veracity

One of the Big Data 5 Vs representing data trustworthiness, integrity, authenticity, and freedom from noise, gaps, or fraudulent manipulation.

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Privacy by Design

A software engineering principle demanding that privacy, confidentiality, and data-protection controls be embedded into systems throughout their architecture from inception.

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Forward Chaining

A data-driven inference process in expert systems starting with user-provided factual symptoms and evaluating rules left-to-right to deduce diagnostic conclusions.

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Backward Chaining

A goal-driven inference strategy in expert systems starting from an assumed hypothesis and working backwards to seek supporting conditions or user-verified evidence.

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Executive Support System (ESS)

A high-level information system delivering aggregated internal and external metrics via digital dashboards and drill-down interfaces to address non-routine executive decisions.

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Decision Support System (DSS)

An interactive system coupling data analytical models with what-if and sensitivity capabilities to support managers tackling semi-structured decision environments.

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Panopticon Effect

A psychological mechanism causing personnel to strictly self-regulate compliance because of awareness that tracking systems could inspect activities at any random interval.

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Disaster Recovery Plan (DRP)

A technical IT contingency plan outlining protocols for restoring corporate computer infrastructure, primary servers, and database records from backups after a crisis.

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Business Continuity Plan (BCP)

A managerial plan defining operational workarounds, manual procedures, and temporary facilities required to maintain mission-critical functions during operational outages.

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Pharming

A cyberattack method redirecting network users to fraudulent websites via malicious DNS cache poisoning without relying on user interaction with bogus emails.

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Transnational Corporation

A global firm characterized by a decentralized governance model giving overseas subsidiaries localized operational authority while maintaining global efficiency and integration.

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In-forming

Thomas Friedman's flattener representing the democratization of global knowledge by allowing individuals to construct personalized information supply chains via search engines.

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MOODLE

An open-source Learning Management System standing for Modular Object-Oriented Dynamic Learning Environment.