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Definition
| A list of the materials that comprise a product. |
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Term
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Definition
| See Business process redesign. |
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Term
| Business process redesign |
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Definition
| The creation of new, usually cross- departmental, business practices during information systems development. Most business process redesign uses technology to enable new, more efficient business processes that require people to work in new ways and to follow different procedures. |
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Term
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Definition
| The very first information systems. The goal of such systems was to relieve workers of tedious, repetitive calculations. These systems were labor- saving devices that produced little information. |
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Term
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Definition
| A liability that could possibly, but not necessarily will, occur. Failure to adequately secure a company's data, for example, could produce a contingent liability. |
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