Chapter 1: Importance of MIS Flashcards
What is a system?
What is an information system (IS)?
Group of components that interact to achieve some purpose.
Group of components that interact to produce information.
What are the five components of IS?
Computer hardware: Electronic components and associated gadgetry that constitute a computer system
Software: Programs or applications that run on computer systems
Data: The basic building blocks of information
Procedures: Instructions that you follow to achieve your desired objective
People: The actors that want to achieve something by interacting with the system
What is MIS? Describe the three elements of MIS
Development and use of IS that help organizations reach their goals and objectives
Develop & Use:
Take an active role to ensure system meet needs
Learn how to acquire IS
Learn how to use IS
Information systems
Achieving goals & objectives:
Corporations, although legally defined as separate entity, don’t really do anything. It is people that use MIS for the right reason that helps the business.
What is IT? How does it differ from IS?
Information technology
The raw technology, considers only the hardware, software, and data components
IS considers people, and it is the ‘people’ component that makes IT useful within an organization.
What is the modern expectations for organizations? (FPN)
Free: The product is literally free (social media apps) or low as it can be (Netflix)
Perfect: Product contains no errors or mistakes and are competitive
Now: Goods are delivered almost immediately and are usable 24/7
What are the five trans formative technologies?
Virtual and Augmented reality 5G Mobile 3D Printing Blockchain Artificial Intelligence
