Chapter 1: The Importance of MIS Flashcards
What is Moore’s law?
The number of semi-conducters per square inch on a computer processer will double every 18 months
What are the implications of Moore’s Law?
The driving down cost of computing and the ermergence of technology. Cost of data processing, communications, and storage essentially zero.
What is the Information Age?
When production, distribution and control of information are the primary drivers of economy
What are marketable skills ?
Strong nonroutine cognitive skills
What are the 4 employability skills?
1)Abstract reasoning
2)Systems thinking
3)Collaboration
4)Ability to experiment
What is Abstract reasoning?
The ability to make/manipulate models, simplification of an idea/model/concept for analytics
How can abstract reasoning contribute to IS task?
An IS system analytic creates a model of what end users want and new IS to deliver
What is systems thinking?
Ability to see the whole, not just the parts. Model components of the system and connect the inputs and outputs that help define the systems as a whole.
How can systems thinking contribute to IS task?
Security analyst evaluates how the firm’s data will enter/exit the cloud
What is collaboration?
Giving and receiving critical feedback in an effective manner
How can collaboration be used in IS task?
Data anlyst communications with users to get the right data into/out the database
What is the ability to experiment?
Making careful/reasoned analysis of an opportunity/ideas and develop them into something useful
Ho can the ability to experiment be used in IS task?
Web developer makes several pages to see which one customers use more effectively
Why are the nonroutine skills important ? (3)
1)Gives background needed to assess, evaluate and apply emerging IS tech to business
2)Job security ; employability skills
3)Job opportunities
What is MIS?
Management information systems: creating, monitoring, adapting processes/info/system to help organization achieve their strategy
What are the 3 key elements of MIS?
1)Processes, Information Systems, Information
2)Creating, monitoring and adapting
3)Achieve strategies
What is a process?
Way of doing something
What is information system?
Collection of components that store/retrieves data and produces information from data
What is information?
Meaningful insight that helps employees do their job
What does the element: Creating, monitoring and adapting refer to?
IS need to be created to meet requirements of the business process they serve. They need to be monitoredd to ensure they continue to meet their requirementss and adapted when not
What does the element: Achieve strategies refer to?
Processes, IS, and information need to be created or selected for the purpose of achieving the organization’s strategy
How does MIS relate to organizational strategy?
Organization goals determines structure, features, functions of every IS
Except organizational goals, what else can affect the design of IS?
Business processes
What are the impacts of MIS on organization? (6)
1)Transform organization
2)Support organization to stay competitive
3)Increase org intelligence
4)Change way managers work
5)Make managers more productive/efficient/effective
6)May have impact on employees
