Terms : Hide Images
| 83245120 | MIS (Management Information Systems) | the development and use of information systems that help businesses achieve their goals and objectives | |
| 83245121 | Five-Component Framework | Hardware, Software, Data Procedures, People | |
| 83245122 | nonroutine cognitive skills | would include abstract reasoning, problem solving, communication and collaboration | |
| 83245123 | Information | knowledge derived from Data - data presented in a meaningful context - Processed Data - data processed by summing, ordering, averaging, grouping, comparing or other similar operations - A difference that makes a difference - INFORMATION IS ALWAYS SUBJECTIVE | |
| 83245124 | Data | recorded facts or figures | |
| 83245125 | Worth its cost | There must be an appropriate relationship between the cost of information and its value | |
| 83245126 | Information Technology (IT) | the products, methods, inventions and standards that are used for the purpose of producing information | |
| 83245127 | High Value vs. High Volume | High-Value firms are those that produce unique products tailored to particular customer demands, typically in low volume | |
| 83245128 | Routine Production Services | employed by high-volume organizations. - Workers require few skills & need to be able to read and perform simple calculations, many of these jobs have moved offshore because of low skills & pay | |
| 83245129 | In-Person Services | Jobs that must be provided face-to-face. - simple & repetitive tasks require workers who can communicate, but otherwise the skills are low. (Waitresses, janitors, cahsiers, hotel workers, hospital attendants etc.) | |
| 83245130 | Symbolic-Analytic Services | required by high-value organizations & deal with information and apply abstract reasoning. They use these skills to identify customer needs, to determine innovative ways of meeting those needs to find better ways to accomplish the organizations goals and objectives | |
| 83245131 | Problem Identifiers | One type of Symbolic-analytic worker that processes information to determine that something is not as it should be | |
| 83245132 | Problem Solvers | One type of Symbolic-Analytic worker that uses technology and other assets to create problem solutions | |
| 83245133 | Solution Brokers | One type of Symbolic-Analytic Worker that links problem identifiers with problem solvers. They understand the underlying domain of the problem and of the solutions and are able to raise money and influence decision makers to create the solution | |
| 83245134 | Moore's Law | The density of transistors on a computer chip relates to the speed of the chip. The speed of a computer chip doubles every 18 months |
