4 cognitive skills
abstract reasoning
systems thinking
collaboration
experiment
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| Term | Definition |
|---|---|
| 4 cognitive skills | abstract reasoning systems thinking collaboration experiment |
| abstract reasoning | ability to make and manipulate models which serve to solve problems |
| systems thinking | the ability to see the whole, not just the parts |
| collaboration | its working together to achieve a goal – give and receive constructive feedback |
| experiment | making a careful and reasoned analysis of an opportunity |
| porters 5 forces | substitutes, new entrants, rivals (existing), supplier bargaining power, customer bargaining power |
| Cost Leadership | Low Cost, wide open target market |
| differentiation | high cost, wide open target market |
| cost focus | low cost, narrow market |
| differentiation focus | high cost, narrow market |
| value chain | network of value creating activities |
| 5 component framework | hardware, software, data, procedures people |
| BPMN circle | start/finish |
| BPMN rectangle | Activity |
| Strcutured Process | formally defined, standardized processes (scheduling shifts) |
| dynamic process | adaptive and even intuitive (complex) |
| data characteristics | accurate, timely, relevant, just sufficient, worth its cost |
| Css | cascading style sheets - supports html |
| Cloud | elastic leasing of pooled computer resources (servers) over the internet. |
| Software as a Service (Saas) | someone else manages everything |
| Platform as a Service (Paas) | 3/4 managed by someone else |
| Infastructure as a Service (Iaas) | 1/2 managed by someone else |
| On Premises | Everything managed by yourself |
| Private cloud | cloud owned by organization for its own benefit ($$$$) |
| Public cloud | cheaper then private cloud - pooled amongst multiple systems |
| Database Managment system (DBMS) | software used to create, process, and administer databases |
| database | collection of data |