Business Info at Technische Hochschule Ingolstadt

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Study with flashcards and summaries for the course Business Info at the Technische Hochschule Ingolstadt

Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

What are parts of the Environment of an i.system?

Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

An understanding of what ist needed to shape an info.system?

Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

Name exmaples for whats new in the fields of Technology, management and organizations

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Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

Whats SMAC?

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What is the agency theorie?

Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

What ist the transaction cost theory?

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What are typical impatcs of the internet on industry structures?

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Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

What are IS strategies ?

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6 reasons, why firms do invest in IS?

Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

Transaction cost theory ÜBUNG:

zu jedem kurz überlegen warum es true ist:

  1. In general, the transaction cost theory describes that the specificity of a product determines whether it is produced or procured on the market.

  2. Through the influence of IT, products within a certain degree of specificity are now procured on market where they were manufactured by the individual beforhand.
  3. Transaction costs are reduced in most cases through the use of IT.
  4. Transaction costs are for example search costs, insurances for the security of the transaction and costs for negotiations.
  5. Comparison portals on the Internet can greatly reduce transaction costs and lead to more transparency in the market.

Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

What is prcocess mining?

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What are the three basic activities of an information system?

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Exemplary flashcards for Business Info at the Technische Hochschule Ingolstadt on StudySmarter:

Business Info

What are parts of the Environment of an i.system?

  • Suppliers
  • Customers
  • Regulatory Agencies
  • Stockholders 
  • Competitors

Business Info

An understanding of what ist needed to shape an info.system?

  • Organizations
  • People
  • Technology

Business Info

Name exmaples for whats new in the fields of Technology, management and organizations

Technology:

  • cloud computing
  • Big data and Internet of Things
  • mobile plattforms (tablets, smartphone...)

management:

  • online and social networking to improve coordination, collaboration and knowledge sharing
  • acceleration (Beschleunigung) of business intelligence and machine learning
  • virtual meetings

organization:

  • social business (e.g. facebook to interact with stakeholders)
  • remote work
  • global sourcing

Business Info

Whats SMAC?

Different trends in information technology, are becoming more and more important:

Social-mobile-analytics-cloud

Business Info

What is the agency theorie?

a company is a relationship between principals (Auftraggeber) and agents (Beauftragte). Both have different interests. The agents are individuals and guided by their own, so they need to be managed and supervised that they pursue (vefolgen) the interests of the clients (principals) and not their own.

Business Info

What ist the transaction cost theory?

All transactions in a market economy are associated with (transaction) costs.

Business Info

What are typical impatcs of the internet on industry structures?

  • substitute products 
  • customers(Kunden) gain power (global price information?
  • suppliers (Lieferanten) gain power (no more intermediaries like distributer to conect with their users directly needed)

Business Info

What are IS strategies ?

  • basis strategy is to determine how IT can help achive business goals
  • low-cost leadership (using IS to achive the lowest prices
  • product differentation (enable new products and services)
  • focus on market niche (analyzes customer buying habits to enable specific markets)
  • strengthen customer and supplier initmacy 

Business Info

6 reasons, why firms do invest in IS?

  1. operational excellence
  2. new products, services and business models
  3. costumer and supplierers instimicy
  4. improved decision making
  5. competitive advantage
  6. survival

Business Info

Transaction cost theory ÜBUNG:

zu jedem kurz überlegen warum es true ist:

  1. In general, the transaction cost theory describes that the specificity of a product determines whether it is produced or procured on the market.

  2. Through the influence of IT, products within a certain degree of specificity are now procured on market where they were manufactured by the individual beforhand.
  3. Transaction costs are reduced in most cases through the use of IT.
  4. Transaction costs are for example search costs, insurances for the security of the transaction and costs for negotiations.
  5. Comparison portals on the Internet can greatly reduce transaction costs and lead to more transparency in the market.

alle true

Business Info

What is prcocess mining?

process mining tries to create a digital twin to the real world. It tries to digitalize real processes into an digital application to get a better overview. 

A System of record needs to get the information from the real world and gives it to an event log, which is the "sourcecode" of the vivid (anschaulich) software.


Process-Mining ist eine Technik des Prozessmanagements, die es ermöglicht, Geschäftsprozesse auf Basis digitaler Spuren in IT-Systemen zu rekonstruieren und auszuwerten.

Business Info

What are the three basic activities of an information system?

  1. Input
  2. Processing
  3. Output

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Bilanzierung

Unternehmensführung

Beschaffung

Produktionsplanung

Informatik

Fertigungsverfahren

Personalmanagmenet

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