Chapter 1: Introduction Flashcards
Information systems =
- Information technologies: tech that supports systems - Ex: computer networks, internet -> public, (intranet ->private), databases
- Help organizations be more competitive and improve efficiency (resource utilization) and effectiveness (appropriateness)
Computer Literacy
- Using productivity software
- Having basic knowledge of hardware, software, the internet, tools, and technology
- Ex: Word, excel, database management systems, presentation software
- Is a skill in using productivity software, such as word processors spreadsheets, database management systems, and presentation software
Information Literacy
- Understanding information to generate business intelligence (BI)
- BI: More than just information. Provides historical, current, predictions, competitive edge
Transaction Processing System (TPS)
- Focuses on data collection and processing
- Cost reduction
- Involve operations that are repetitive
- Ex: Record keeping, inventory control, automated pay roll
Management Information Systems (MIS)
- Produces timely, integrated, relevant, accurate, useful information for making decisions.
- Uses data to make decisions
- Includes:
- > Hardware (computer)
- > Software (program)
- > Processes
- > Human elements
4 Major components of an information system
- Data
- Database
- Process
- Information
Data
- Raw facts
- Input of information system
- Ex: customer numbers and their names
- Eventually becomes information
- External (comes from customers, competitors, supplies, labor statistics, govt.) or Internal (sales records, personal records)
- Aggregated (totaled) or disaggregated (itemized lists)
Information
- Processed data that is useful in decision making
- Knowledge derived from data
- Facts in context
- Output/goal of information systems
- Used to make decisions
- Anything you can compare
- Must have timeliness, integration with other data and information, consistency and accuracy, relevance
Database
- A permanent collection of information
- Collection of all relevant data organized in a series of integrated files
- A central repository of information, stored more-or-less permanently on a computer system, that is of interest to some enterprise.
Database Management System (DBMS)
- The software used to filter database
- A generalized software tool for manipulating large databases; it provides minimally the capabilities of interrogation and maintenance of the stored data, via a set of languages or user interfaces.
Process
- Generate the most useful type of information for decision making
-Ex: Transaction-processing reports
Models for decision analysis
4 M’s of resources
- Man
- Money
- Machine
- Materials
Personnel information system (PIS) or human resource information system (HRIS)
Designed to provide information that helps decision makers in personnel carry out tasks effectively
Logistics information system (LIS)
Designed to reduce the cost of transporting materials while maintaining safe and reliable delivery, optimization
Manufacturing information system (MFIS)
Used to manage manufacturing resources so that companies can:
- > Reduce manufacturing costs - > Increase product quality - > Improve inventory decisions
Financial information system (FIS)
Used to provide information to financial executives in a timely manner