Critical Thinking 2

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CTQ1. Read the Minicase from Chapter 3. Answer all the Discussion Questions in the end of this Minicase.

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CTQ2. Pick one question to answer from the following list. Use your own language. Copying from the textbook will result in 0 points.

  • Describe the principal differences among transaction processing systems, management information systems, and executive information systems. Use examples.
  • Provide an example of functional systems. What is the defining characteristic of these systems?
  • Define BPR. What are the principal advantages and limitations/drawbacks of BPR?
  • How have we defined the concepts of business and systems integration? What is the relationship between the two? Can you provide examples of each?
  • What is an enterprise system (ES)? Identify the principal advantages and risks that a firm should consider when evaluating the opportunity for the installation of an ES.
  • What is an ERP system? Use examples to discuss its main advantages and limitations.
  • What is a supply chain? Why is it important to actively manage the supply chain?
  • Describe the essential benefits of knowledge management for modern organizations. Why are so many organizations struggling with their knowledge management initiatives?
  • Define the following terms: business intelligence, business intelligence infrastructure, data warehouse, data mart, OLAP, and data mining. What is the relationship among the various elements of BI infrastructure?
  • Define the term big data. What are the main implications of the 3 Vs—volume, velocity, and variety—on current managerial practices?
  • What is the relational model? What are its main limits in the current context?
  • What is the difference between data mining and big data?
  • Describe the client-server model. What are the main differences compared to a centralized model?
  • Present the main differences and discuss the main advantages and disadvantages of peer-to-peer and three-tiered architectures.
  • What are the main advantages and disadvantages of a cloud solution compared with an on-premises solution?
  • What is the main difference between the single- and multitenant application architecture?

Homework Assignment 2

  1. Chapter 6 Case Study – USAA, Question # 2; you will need to submit their supporting formula work and conclusions in Excel.
  2.  Chapter 7 Case Study – 3M, Question #1.
  3.  Chapter 7, Supplementary Problems, Problem #7.48. You will need to submit your supporting formula work or work and conclusions in Excel.