6. The purpose and management of the technology and information function Flashcards
Information systems help to
Plan
Control
Aid decision making
Data
facts or figures in a raw unprocessed format
Information
data that has been processed to have meaning to the end user
Information flow
Input raw data
Process - analysis
Output - reporting
Process of converting data into information may include
Data collection Data evaluation Data analysis Data interpretation Data reporting
Characteristics of good information
ACCURATE
Accurate Complete Cost Effective Understandable Relevant Accessible Timely Ease of use
Types of information system
Information systems
Information technology
Information systems
provision and management of information to support the running of the business
Information technology
supporting equipment (hardware) that provides infrastructure to run the information systems
Levels of information
Strategic
Tactical
Operational
Strategic
long term complex decisions
used by directors and senior managers
Tactical
medium term made by middle management
used by managers at all levels i.e. stock analysis, productivity measures
Operational
day to day
i.e. ordering stock, payroll details
Management information systems (MIS)
converts internal and external data into useful information
Executive information systems (EIS)
gives senior execs internal and external info. Presented in a user friendly way that can be drilled down