Final Exam Intro to Business UNH 2022 with complete solution
Information Technology (IT) ->>>includes equipment and techniques used to manage and process information
Databases ->>>The core of business information s
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Final Exam Intro to Business UNH 2022 with complete solution
Information Technology (IT) ->>>includes equipment and techniques used to manage and process information
Databases ->>>The core of business information systems
Marketing ->>>can track new orders and determine what products are selling best
Sales ->>>can identify high volume customers or contact customers about new or related products
Operations ->>>can use order information to obtain inventory and schedule production of the ordered products
Finance ->>>can use sales data to prepare financial statements
Computer Networks ->>>- a group of two or more computer systems linked together by communications channels to share data and information
- beneficial because info sharing is fast and simple through file sharing, eliminating duplication of effort
- "screen share" and collaboration
Enterprise Portals ->>>A type of intranet or internal website that provides proprietary corporate info to a defined user group, allow individuals or user groups to customize the portal home page to gather just the info the need for their particular job
3 forms of portals ->>>business to employees
business to business
business to consumer
Virtual Private Networks ->>>used for security and cost savings (most effective for companies with widespread offices compared to creating a network using purchased networking equipment and leasing expensive private lines
Management Information Systems ->>>methods and equipment that produce info about all aspects of a firm's operations
Main types of Management Information Systems ->>>→ Transaction Processing system
→ Management Support System
→ Decision Support system
→ Executive information system
→ expert system
Management Support System (MSS) ->>>Data warehouse: combines many databases across the whole company into one central database that supports management decision-making (may include data marts)
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