Who is responsible for ensuring the speed, accuracy, availability, and reliability of the MIS

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Information Systems in Business
Who is responsible for ensuring the throughput speed accuracy availability and reliability of the management information system?
Who is responsible for one overseeing all uses of MIS 2 ensuring MIS strategically aligns with business goals and objectives answer choices?
Who is responsible for ensuring the ethical and legal use of information?
Who is responsible for determining the types of information the enterprise?

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Information Systems in Business

Question	Answer
Information Technology	A field concerned with the use of technology in managing and processing information.
Management Information Systems	A general name for the business function and academic discipline covering the application of people, technologies, and procedures to solve business problems
Data	Raw facts that describe the characteristics of an event
Information	Data converted into a meaningful and useful context
Business Intelligence	Applications and technologies that are used to gather, provide access to, and analyze data and information to support decision-making efforts
Chief Information Officer	Responsible for overseeing all uses of information technology and ensuring the strategic alignment of IT with business goals and objectives
Chief Technology Officer	Responsible for ensuring the throughput, speed, accuracy, availability, and reliability of an organization's information technology
Chief Security Officer	Responsible for ensuring the security of IT systems and developing strategies and IT safeguards against attacks from hackers and viruses
Chief Privacy Officer	Responsible for ensuring the ethical and legal use of information within an organization
Chief Knowledge Officer	Responsible for collecting, maintaining, and distributing the organization's knowledge
Key Performance Indicators	The measures that are tied to business drivers
Efficiency IT Metrics	Measure the performance
Effectiveness IT Metrics	Measure the impact IT has on business processes and activities including customer satisfaction, conversion rates, and sell-through increases
Benchmarks	Baseline values the system seeks to attain
Benchmarking	A process of continuously measuring system results, comparing those results to optimal system performance, and identifying steps and procedures to improve system performance
Competitive Advantage	A product or service that an organization's customers place a greater value on than similar offerings from a competitor
First-Mover Advantage	Occurs when an organization can significantly impact its market share by being first to market with a competitive advantage
Environmental Scanning	The acquisition and analysis of events and trends in the environment external to an organization
Elements of the Five Forces Model	Buyer Power, Supplier Power, Threat of substitute products or services, Threat of new entrants, Rivalry among existing competitors
Buyer Power	When buyers have many choices of whom to buy from and low when choices are few.
Loyalty Programs	Reward customers based on the amount of business they do with a particular organization
Supplier Power	High when buyers have few choices of whom to buy from and low when their choices are many
Supply Chain	Consists of all parties involved, directly or indirectly, in the procurement of a product or raw material
Business-to-Business (B2B) Marketplace	Internet-based service that brings together many buyers and sellers
Private Exchange	when a single buyer posts its needs and then opens the bidding to any supplier who would care to bid
Reverse Auction	An auction format in which increasingly lower bids are solicited from organizations willing to supply the desired product or service at an increasingly lower price
Threat of Substitute Products or Services	High when there are many alternatives to a product or service and low when there are few alternatives from which to choose
Switching Costs	The costs that can make customers reluctant to switch to another product or service
Threat of New Entrants	High when it is easy for new competitors to enter a market and low when there are significant entry barriers to entering a market
Rivalry Among Existing Competitors	High when competition is fierce in a market and low when competition is more complacent
Business Process	A standardized set of activities that accomplish a specific task, such as processing a customer's order
Value Chain	Views an organization as a series of processes, each of which adds value to the product or service for each customer

Who is responsible for ensuring the throughput speed accuracy availability and reliability of the management information system?

What are the functions of the CIO? Responsible for ensuring the throughput, speed, accuracy, availability, and reliability of an organization's information technology.

Who is responsible for one overseeing all uses of MIS 2 ensuring MIS strategically aligns with business goals and objectives answer choices?

Chief information officer (CIO).

Who is responsible for ensuring the ethical and legal use of information?

Chief Privacy officer- Responsible for ensuring the ethical and legal use of information within an organization. Usually lawyers by training, so can understand the legal issues.

Who is responsible for determining the types of information the enterprise?

Terms in this set (35) chief data officer-responsible for determining the types of information the enterprise will capture, retain, analyze, and share.

Who is responsible for ensuring the speed, accuracy, availability, and reliability of the MIS

Just for you: FREE 60-day trial to the world’s largest digital library.

Information Systems in Business

Who is responsible for ensuring the throughput speed accuracy availability and reliability of the management information system?

Who is responsible for one overseeing all uses of MIS 2 ensuring MIS strategically aligns with business goals and objectives answer choices?

Who is responsible for ensuring the ethical and legal use of information?

Who is responsible for determining the types of information the enterprise?

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