Posts

Showing posts from April, 2018

MGT 300 CHAPTER 9 : ENABLING THE ORGANIZATION DECISION MAKING

Image
LEARNING OUTCOMES : Define the systems organization use to make decisions and gain competitive advantages Describe the three quantitative models typically used by decision supports systems Describe the relationship between digital dashboards and executive information systems List and describe four types of artificial intelligence systems Describe three type of data-mining analysis capabilities DECISION MAKING * Reasons for the growth of decision-making information system People need to analyze large amounts of information People must make decision quickly  People must apply sophisticated analysis techniques, such as modeling and forecasting to make good decisions People must protect the corporate assets of organizational information * Model is a simplified representation or abstraction of reality * IT systems in an enterprise TRANSACTION PROCESSING SYSTEMS * Moving up through the organizational pyramid users move from requiring transactional inf

MGT 300 CHAPTER 8 : ACCESSING ORGANIZATIONAL INFORMATION - DATA WAREHOUSE

Image
LEARNING OUTCOMES :  Describe the roles and purposes of data warehouse and data marts in an organization Compare the multidimensional nature of data warehouses with the two-dimensional nature of databases Identify the importance of ensuring the cleanliness of information throughout an organization Explain the relationship between business intelligence and a data warehouse HISTORY of  DATA WAREHOUSING           - Data warehouses extend the transformation of data into information. In the 1990's executive became less concerned with the day-to-day business operations and more concerned with overall business functions. The data warehouse provided the ability to support decision making without disrupting the day-to-day operations. DATA WAREHOUSE FUNDAMENTALS          - Data warehouse : a logical collection of information to gathered from many different operational databases that can supports business analysis activities and decision-making tasks.         - E

MGT 300 CHAPTER 7 : STORING ORGANIZATIONAL INFORMATION - DATABASES

Image
LEARNING OUTCOMES : Define fundamental concepts of the relational databases model Evaluate the advantages of the relational database model Compare relational integrity constrains and business-critical integrity cinstrains Describe the benefits of a data driven Websites Describe the two primary methods for integrating information across multiple databases RELATIONAL DATABASES FUNDAMENTALS           - Information is everywhere in an organization           - Database is the maintains information various types of objects, events, people and places. Databases models include : HIERARCHICAL DATABASE MODEL   - Information is organized into tree-like structure which is using parent/child relationship in such a way that it cannot have many relationship.        2 . NETWORK DATABASE MODEL                   - A flexible way of representing objects and their relationship.      3. RELATIONAL DATABASE MODEL - Stores information in th

MGT 300 CHAPTER 6 : VALUING ORGANIZATIONAL INFORMATION

Image
LEARNING OUTCOMES : Describe the broad levels, formats, and granularities of information. Differentiate between transactional and analytical information. List, describe of each the five characteristics of high quality information Impact of low quality information on an organization and the benefits. ORGANIZATIONAL INFORMATION LEVELS, FORMATS, AND GRANULARITIES OF ORGANIZATIONAL INFORMATION. TRANSACTIONAL INFORMATION VERSES ANALYTICAL INFORMATION THE VALUE OF QUALITY INFORMATION - CHARACTERISTIC OF HIGH QUALITY INFORMATION ACCURACY : Measurements is their quality og being true or correct, event in small details. COMPLETENESS : The information must have being complete. For example is the address complete including street, city and state. CONSISTENCY : is aggregate or summary information in agreement with detaile d information. UNIQUENESS : is each information must have their own uniqueness to ensure the customer easy to remember this information. TI

MGT 300 CHAPTER 5 : ORGANIZATIONAL STRUCTURES THAT SUPPORT STRATEGIC INITIATIVE

Image
LEARNING OUTCOMES : Compare the responsibilities of CIO, CTO, CPO, CSO, and CKO Explain the gap between IT people and business people and the primary reason this gap exists Define the relationship between information security and ethics IT ROLES and RESPONSIBILITIES -Information technology is a relatively new functional area, having only beem around formally for around 60 years. Recent IT-relates strategic positions : CHIEF INFORMATION OFFICER (CIO)              -Oversees all uses of IT and ensures the strategic alignment of IT with business goals and                      objective. BROAD CIO FUNCTION  include :        -MANAGER : ensuring the delivery of all IT projects on time and within budget        -LEADER : ensuring the strategic vision of IT is in line with the strategic vision of the organizational.        -COMMUNICATION : building and maintaining strong executive relationship. AVERAGE CIO COMPENSATION BY INDUSTRY WHAT CONCERNS CIO THE

MGT300 CHAPTER 4 : MEASURING THE SUCCESS OF STRATEGIC INITIATIVE

Image
LEARNING OUTCOMES : Compare efficiency IT metrics and effectiveness IT metrics. List and describe five common types of efficiency IT metrics List and describe four types of effectiveness IT metrics Explain customer metrics and their importance to an organization MEASURING INFORMATION TECHNOLOGY SUCCESS Key performance indicator - to measure that are tied to business drivers and metrics are detailed measures that feed KPI's. EFFICIENCY AND EFFECTIVENESS  Efficiency : measures the performance of the IT system it self including throughput, speed and availability. Effectiveness : measures the impact IT has on business processes and activities including customers satisfaction, conversion rates, and sell-through increases. BENCHMARKING - BASELINING METRICS Benchmarking is a process of continuously measuring system results. It is comparing those results to optimal system performance and identifying steps and procedures to improve system performance.

MGT300 CHAPTER 3 : STRATEGIC INITIATIVES FOR IMPLEMENTING COMPETITIVE ADVANTAGES

Image
 STRATEGIC INITIATIVE :   -Organization can undertakes high profile strategic initiative including : Supply Chain Management (SCM) Customer Relationship Management (CRM)  Business Process Reengineering (BPR)  Enterprise Resource Planning (ERP) SUPPLY CHAIN MANAGEMENT (SCM) Involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability.        - Four basic component of supply chain management : Supply chain strategy : The strategy for managing all the resources requires to meet customer demand for all products and services. Supply chain partners : The partners chosen to deliver finished products, raw material, and services including pricing, delivery and payment processes along with partners relationship monitoring metrics. Supply chain operation : The schedule for production activities including testing, packaging and preparation. Supply chain logistics : The product del

MGT300-CHAPTER 2 : IDENTIFYING COMPETITIVE ADVANTAGES

Image
              LEARNING OUTCOMES : Explain why competitive advantages are typically temporary List and describe each of the five forces in Porter's Five Model Compare Porter's three generic strategies Describe the relationship between business processes and value chain                                                                         Identifying Competitive Advantages             -Competitive advantages is a product or services that an organization's customers                                   lace a greater value on the similar from competitor. Furthermore, competitive                                       advantages are temporary because they have keep duplicate the strategy.                                       3 Common Tools used in industry      Porter's Five Forces Model Porter's Three Generic Strategies Value Chain                                                                                Porter's