BMK211 Study Guide - Computer Literacy, Data Management, Data Center
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Business functions- specialized tasks performed by business organizations consist of
sales and marketing, manufacturing and production, finance and accounting, and human
Business models- A business model describes how a company produces, delivers, and
sells a product or service to create wealth.
Business processes- Business processes refer to the set of logically related tasks and
behaviours that organizations develop over time to produce speciﬁc business results and
the unique manner in which these activities are organized and coordinated.
Canadian Rules on the Sarbanes-Oxley Act- more commonly known as the C-SOX
Act, which was intended to improve the accountability of public ﬁrms and their auditors,
require certiﬁed public accounting ﬁrms that audit public companies to retain audit
working papers and records, including all e-mails, for a number of years.
Complementary assets- are those assets required to derive value from a primary invest-
ment (Teece, 1988). For instance, to realize value from automobiles requires substantial
complementary investments in highways, roads, gasoline stations, repair facilities, and a
legal regulatory structure to set standards and control drivers.
Computer-based information systems-
Computer hardware- Computer hardware is the physical equipment used for input,
process-ing, and output activities in an information system. It consists of the following:
computers of various sizes and shapes (including mobile handheld devices); various
input, output, and storage devices; and telecommunications devices that link computers
Computer literacy- focuses primarily on knowledge of information technology.
Computer software- Computer literacy, in contrast, focuses primarily on knowledge of
Core business processes- are accomplished through digital networks spanning the
entire organization or linking multiple organizations
Culture- fundamental set of assumptions, values, and ways of doing things, that has
been accepted by most of its members
Data- are streams of raw facts representing events occurring in organizations or the
physical environment before they have been organized and arranged into a form that
people can understand and use
Data management software- to improve management decision making about increasing
sales, and using Internet software for developing shipping budgets
Data management technology- Data management technology consists of the software
governing the organization of data on physical storage media.
Data workers- Data management technology consists of the software governing the
organization of data on physical storage media.
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