1 Flashcards
A _____ is the confirmation or validation of an event or object
fact
when infinite quantities of facts are widely available to anyone who can use a computer
information age
is a world where interconnected, Internet-enabled devices or “things” can collect and share data without human intervention.
(IoT) Internet of Things
refers to devices that connect directly to other devices
Machine to Machine
are raw facts that describe the characteristics of an event or object.
Data
data converted into a meaningful and useful contex
information
data characteristic that stands for a value that changes or varies over time
variable
information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making
Business Intelligence
extracts information from data and uses it to predict future trends and identify behavioral patterns
predictive analysis
includes the skills, experience, and expertise, coupled with information and intelligence, that create a person’s intellectual resources
Knowledge
is a collection of parts that link to achieve a common purpose
system
a way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part
systems thinking
is a business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision making and problem solving
Management Information Systems
Which of the following is considered information? A. Quantity Sold B. Date Sold C. Best-Selling item by month D. Product Sold
C.
If you were thinking about a washing machine as a system, which of the following represents the process?
A. Dirty Clothes, water, detergent
B. The clean clothes
C. The Wash and rinse cycles
D. the light indicating the washer is off balance and has stopped
C.
