Business Information Systems Dersi 8. Ünite Sorularla Öğrenelim
Beyond Erp: From Data To Intelligence
What does an ERP software enable a company to do?
An ERP software enables a company to:
Automate and integrate the majority of its business functions,
• Share common data and practices across the entire enterprise
• Generate and access information in a realtime environment. Consider the definition
What capabilities should a typical ES(Enterprise systems) support the managers of each hierarchical level?
A typical ES should support the managers of each hierarchical level with the following capabilities.
• Drill down
• Critical success factors
• Analytics
• Exception reporting
• Navigation of information
What is business analytics?
It is to build and develop all sorts of analytical tools, methods, and algorithms on the ERP infrastructure in an integrated manner and make them available for all managerial levels of the company to gain new and vital insights on each business functions. It is an essential approach to make sound and rational decisions on operations and strategies.
What are the differences among business analytics, business intelligence and decision support systems?
While all three share the common purpose, their slight differences among them. Some are listed as follows:
• Business analytics address the companywide needs for data and decision analysis while decision support systems focus on the specific decisions and the analytical and informational expectations and requirements of decision makers.
• Business intelligence deals with satisfying the enterprise-wide demand for data and information in any content and format, anytime and any place by using data warehouses and data marts.
• The existence of ERP is a prerequisite for business intelligence, business analytics, and decision support systems.
• The business intelligence is vital for successful and sustainable applications business analytics and decision support systems.
• The business analytics applications resemble data-oriented decision support systems, one of the major class of decision support systems.
What is descriptive analytics?
Descriptive analytics, sometimes called “reporting analytics” deals with the current status of the company based on the key performance indicators, i.e.,
What does predictive analytics aim?
To reveal the risks and opportunities a company can face in the future.
What are the techniques involved in data mining?
classification, clustering, and association along with artificial intelligence techniques such as neural networks, genetic algorithms, and genetic programming.
What is the goal of the prescriptive analytics?
To provide a feasible solution or a recommendation that shows how to achieve the best performance.
What are the methods and algorithms that have been widely used for prescriptive analytics?
The methods and algorithms of some disciplines such as operations research, management science, and optimization
What are the steps of the scientific decision making to follow?
1. Define or identify the problem or the opportunity
2. Built an appropriate representation of the problem, that is, a model
3. Search for best or better feasible solutions to the problem by using the model
4. Choose a superior solution to the problem.
What are the ways that enterprise decision support systems contribute to the rational decision-making process?
• Computational support
• Modeling support
• Communication and collaboration support
• Data support
• Analytical support
• Cognitive support
• Knowledge support
• Mobile support
What does one of the fundamental concepts associated with security of information systems known as CIA triad consist?
Confidentiality, integrity, and availability.
What is integrity?
Preventing unauthorized manipulation of information and ensuring its accuracy and consistency throughout the process.
What is confidentiality?
Preventing unauthorized people, assets or systems from being accessed to information. As an example, in case of unauthorized people access to a mental healthcare report system, the privacy of patients will be harmed.
What do blackouts mean?
Instant power cuts which can interrupt operations and cause damage to hardware.
What is cybercrime?
An illegal and unethical action which takes benefit from the vulnerability of computers and the Internet.
What is SQL injection?
It is the most common method used by hackers to defacement. By the use of this method, hackers can gain administrative privileges on databases of websites. As a result of this, they can easily manipulate the records in databases and context of the website as they want.
What is malware?
A software that hinders effective use of computers and its resources and thus may harm hardware
What is encryption?
It is the process of transforming plain text to the ciphertext by using algorithms or keys. Encrypted data cannot be read or converted by anyone except the sender and the intended receiver.
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