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ISTodayCh1

Key Terms from ISToday - Chapter 1

QuestionAnswer
Knowledge worker Educated professionals who create, modify, and synthesize knowledge as part of the job.
Knowledge society A society where knowledge becomes the production resource, over capitol and labor. any society where knowledge is the primary production resource instead of capital and labour educated people that places importance on education and knowledge.
New economy People work with their minds in a globally connect society. Innovation is more important that mass production and rapid change is constant.
Digital Divide People who have access to technology have a great advantage over people who don't.
Globalization Integration of economies throughout the world.
Data raw material, unformatted such as words and numbers. ex. 9096262771
Information formatted data so that the numbers and/or letters mean something ex. (909)626-2771
Knowledge Information that has a meaningful relationship to other information. ex. (909) 626-2771 = Kobe Bryant
Wisdom Broader knowledge that gives you a greater understanding of the situation. ex. (909) 626-2771 = Kobe Bryant ->Laker Statistics ->Medical Records ->School Records
CIO Chief Information Officer
Internetworking Connecting host computers and their networks together to form larger networks.
Systems Integration Connecting separate information systems and data to improve business processes and decision making.
TPS Transaction Processing System
MIS Management Information System
EIS Enterprisewide Information System
DSS Decision Support Systems
GIS Geographic Information Systems
CRM Customer Relationship Management
ERP Enterprise Resources Planning
SCM Supply Chain Management
Collaboration System Video conferencing systems, chat rooms, Google docs...etc.
Office Automation System MS Office type software.
Downsizing Laying people off to cut costs.
Outsourcing Hiring an outside firm to do a task. For example, many firms outsource payroll to other companies.
Created by: raguthrie
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