2.02 quiz
Virtual training
Can be used to train employees in a certain field -ex) pilots and astronauts spend hours training in simulations before the real thing -is cost effective and safer
Preserves organizational identity and history (Managing information to succeed)
Companies should keep track of their important documents and filed pertaining to their long corporate histories. They also need to protect their identities by making sure that their information regarding copyrights, patents, and trademarks is managed effectivley
Entering new and foreign markets is easier
Due to *technology*, Used to be limited to only large companies to enter overseas markets, now, now even a small business can do it
Jobs have changed
Due to *technology*, individuals must stay up to date on all the newest advancements and constantly be improving their skill set to stay relevant and compete for positions
Databases
Helps computers to store astounding amounts of data -ex) storing customer records -good for easy access, organization, and editing
Networks
Keeps all their employees and information connected at all times -employees can be connected from home
Maintain organizational consistency and credibility (managing information to succeed)
Making sure that their is consistency in the information that is being spread throughout your business and to customers
Helps businesses serve customers more effectively and efficiently (managing information to succeed)
Managing information appropriately allows for businesses's to focus on the important task of serving customers. -knowing all the information needed to help customers
Cookies
Messages sent to your browser when you visit internet sites (tracks what you do) -allows things to go faster
Expert systems
Special kind of computer software designed to mimic the knowledge of human experts -automotive mechanics use experts systems to identify troubles in a cars engine
Business's have been forced to address certain problems technology has caused (how technology has changed businesses)
Technology doesn't always have a positive affect on everyone. It is being blamed for social and environmental issues
Increased compliance laws and regulations (business trends)
The government is cracking down on corporate dishonesty -Companies must adhere to increased number of compliance, laws, and regulations
technology
The practical application of science to society and industry
Business information management
The process of accessing, maintaining, evaluating and disseminating knowledge of facts or data for the purpose of *assisting business decision making*
Internet
Used by businesses to *communicate, store, and share information* to the world and within their company, business, or organization
Satellite technology (GPS)
Used by businesses to conduct video conferences from across the globe or receive relevant daily broadcasts
Smart phone
Used by employees to contact each other quickly and easily, check their emails and schedules, and get directions to clients offices.
Being unprepared to face audits or lawsuits (risks of information management)
Whoever is in charge of the information management must make sure that all of the business's records are in order in case they face legal or financial trouble
Attachment
a computer file sent along with an email
Information age
due to the internet, information gathering is much simpler for businesses (helps to aid decision making) -this allows for greater opportunists to gather information on current and prospective customers
E-commerce
electronic business or exchange done over the internet -business online
Computer-aided design
helps companies to plan and test products more efficiently
computer-aided manufacturing
helps to produce products in more cost effective ways
Sarbens-Oakly act
major compliance law in the US
Hardware
physical components of a computer
Time management
planning and controlling how you spend the hours in your day effectively
Internet browser
program used to access the internet
software
programs that tell your computer what to do
The Business Value of Integrating *Accessible Technology* into Business Organizations
technology can help to empower and *retain employees*
URL
the address of a world-wide-web
Voice Over internet protocol
type of technology that connects people quickly, either by voice or voice and picture combined. -think of Skype
PIN
used to manage businesses funds
telecommuting
working from home or a remote location
Retain the Most Valued Employees
-Enhance productivity for all employees -Reduce costs -Enhance collaboration and communication
Effectiveness of information Management activities
-make sure information is reliable -set and follow organization information management practices -prioritize information management needs according to business needs -integrate information management throughout the entire organization -assign responsibilities for information management
Server
A computer that provides data and resources to other computers
Management information system (MIS)
A form of technology that assists with a business's information management needs (This is constantly being used for a business) -*only makes up one part of the information management program*
Intranet
A private network that uses internet technologies to share information among the employees of a business
Retain the Most Valued Employees: *Enhance productivity for all employees*
Accessible technology can facilitate collaboration and communication among all employees (even disabled)
Retain the Most Valued Employees: *Reduce Costs*
Accessible technology can help reduce costs of time lost and money spent when an employee develops a temporary disability
Retain the Most Valued Employees: *Enhance collaboration and Communication*
Accessible technology empowers employees (with or without disabilities) to share documents, collaborate on projects, and communicate among team members
Recruit the Most Talented Minds
An organizations public image plays a role in its ability to recruit and retain talented employees
Existing industries or jobs have been altered or eliminated
Due to *technology*, industries may be eliminated due to technological advancements taking their place. For example, the manufacturing industry has been taken over by technology that can do their task for them. Other times, they are simply altered. For example accountants used to have to use calculators to do their work, now they look to accounting software progrmas
Industries have been stimulated
Due to *technology*, it can stimulate industries related to the innovation -ex) The rise of manufacturing airplanes and automobiles lead to growth in the related industries such as glass, rubber, and steel
The nature of Marketing has changed
Due to *technology*, new and improved methods of communication and information managing have greatly affected how customers now interact with a business.
New industries have begun
Due to *technology*, new industries now exist (such as the aviation, computer and robotics industry) because up until now the appropriate technology did not exist.
The Nature of competition has changed
Due to *technology*, the nature of competition has changed as now businesses must stay on top of their new technologies to remain competitive -ex) a free lance graphic designer that isn't up to date on the newest software is at a disadvantage to those who have
Productivity is higher and costs are lower (how technology has changed businesses)
Due to operating systems and tools constantly evolving, this the allows for the highest possible productivity level -employees stay on top
maintains business continuity in case of a disaster (managing information to succeed)
Employees must be able to access the information they need in case of a sudden disaster, not being prepared for this puts the business and customers at risk -backing up files, and storing certain vital information off site
Internet telephony
communications that take place over the internet rather then traditional public networks