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Review 4. Chapters 8, 9, 10. CHAPTER 8. What are the three levels of management activity?. Operational Tactical Strategic . Operational management level?. Composed of supervisory managers that develop short-range plans such as weekly production schedules. Tactical management level?.
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Review 4 Chapters 8, 9, 10
What are the three levels of management activity? • Operational • Tactical • Strategic
Operational management level? • Composed of supervisory managers that develop short-range plans such as weekly production schedules.
Tactical management level? • Composed of middle managers that develop short- and medium-range plans
Strategic management level? • Composed of a board of directors and an executive committee of the CEO who develop overall organizational goals, strategies, policies as a part of a strategic planning process.
What is a Structured decision? • Repetitive and routine problems for which standard solution exist. • The procedures to follow can be specified in advance.
What is a Semi-structured decision? • Some decision procedures can be pre-specified, but not enough to lead to a definite recommended decision.
What is an Unstructured Decision? • The procedures cannot be specified in advance. • Unstructured problems are novel and non-routine, complex. • Ex: new business planning
Decisions made at the operational management level tend to be more • Structured
Decisions made at the tactical management level tend to be more • Semi-structured
Decisions made at the strategic management level tend to be more • Unstructured
What are the management support systems? • Management Information systems • Decision support systems • Executive information systems
What is an exception report? • Exception reports, highlighting only exceptional conditions, such as when a customer exceeds their credit limit, a manager would probably get an exception report.
What are the characteristics of the Decision Support Systems? • Interactive • Supports semi-structured and unstructured decisions
What is a What-if analysis? • What-if analysis attempts to check the impact of a change in the assumptions on the proposed solution. • What if we cut advertising by 10 percent?
What is a Sensitivity Analysis? • When the value of one variable is changed repeatedly and the resulting changes in other variables are observed.
What is a goal-seeking model? • Attempts to find the value of the inputs necessary to achieve a desired level of outputs.
What is Data Visualization? • Data visualization refers to presentation of data in graphical form instead of traditional form of text and table.
What is Geographical Information System (GIS)? • A GIS is a data visualization technology that captures, stores, checks, integrates, manipulates, and displays data using digitized maps.
What are the characteristics of Executive Information Systems (EIS)? • Provide management with immediate and easy access to information about the firm’s critical success factors. • Are most useful to managers at the strategic level of management. • Support unstructured decision-making process.
What is drill down? • provides details behind any given information.
What is Data mining? • organizing valuable business information in a large database
What is Artificial Intelligence? • AI is the effort to develop computer based systems that behave as humans.
What are the major areas of AI? • Cognitive science • Robotics • Natural interfaces
What are the major areas of Cognitive science? • intelligent agents, • neural networks, • fuzzy logic.
What is an Intelligent agent? • It is a software surrogate for end user or process that fulfills a stated need or activity.
Systems that use massively parallel processors whose architecture is based on the human brain’s neuron structure are called • Artificial Neural Networks
What is a Fuzzy Logic system? • system that can process ambiguous data and quickly provides approximate, but acceptable solutions to problems.
What are the characteristics of an Expert system? • They are designed to replicate and then to replace a human advisor. • They transfer expertise from an expert and documented sources to a computer and then to the user.
What are the major components involved in IT Planning process? • Strategy development • Resource management • Technology architecture
What are the ways for minimizing end-user resistance? • Proper end user training • Improved communications with IS personnel • End user involvement in the development and implementation of new systems
What is the major focus of organizational change management? • People
What are the steps in the SDLC? • systems analysis, • systems design, • programming, • testing, • implementation (conversion), • and production & maintenance.
What is the function of systems analysis stage? • ANALYSIS OF PROBLEM TO BE SOLVED
What is feasibility study? • Determining whether the proposed system is feasible financially, economically, technically, and operationally.
What is SYSTEMS DESIGN? • describes how the system will accomplish the task.
What are the major forms of CONVERSION? • Parallel • Phased • Direct • Pilot
What is parallel conversion? • The conversion process in which both the old and new system are operated for a time.
What are the alternative system-building approaches? • Prototyping • Application software packages • End-user development • Outsourcing
What is Prototyping? • Using prototype which is a working version of an information system or part of the system for discovering how a system should operate.
What is outsourcing? • Purchase of product or service from another company.