Chapter 1: The Importance of MIS Flashcards
MIS
Management Information Systems
System
A group of components that interact to achieve some purpose
Information System (IS)
A group of components that interact to produce information
Not all information systems require ________
Computerization
Examples include a hanging calendar to book a room or a library using the Dewey Decimal System
Five-Component Framework
The 5 fundamental components of an information system that are present in every information system, from the simplest to most complex
1) Computer Hardware
2) Software
3) Data
4) Procedures
5) People
Software
Instructions for computers
Data
Recorded facts or figures
Procedures
Instructions for humans
Instructions or processes that you follow to achieve your desired objective
People
Includes those who operate and service the computers, those who maintain the data, those who support networks, and those who use the system
Hardware
Refers to the electronic components and associated gadgetry that constitute a computer system
Real world examples: Canvas
Hardware: Students laptops, phones, computers
Software: Stored set of instructions that run on your device, as well as the specific program that the university has licensed to provide the service
Data: Stored on servers, includes student ID numbers, enrollment dates, answers to test questions
People: Well, that is you boi
Management Information Systems definition (MIS)
Information systems that help businesses achieve their goals and objectives
The definition of MIS has three key elements
1) development and use,
2) information systems,
3) and goals and objectives
Achieving Business Goals and Objectives
First, because all businesses are organizations but not all organizations are businesses, information systems are found in almost every type of enterprise, social, and nonprofit organization, as well as all levels of government.
Information Technology (IT) (not IS)
The products, methods, inventions, and standards that are used for the purpose of producing information
-Refers to raw technology and concerns only the hardware, software, and data components of an information system and how they are networked together
IT vs IS
IT, by itself, will not help an organization achieve its goals and objectives. It is only when IT is embedded into an IS—that is, only when the technology within the hardware, software, and data is combined with the people and procedure components—that IT becomes useful.
Information and Communications Technology (ICT) sector
Provides products and services that other industries reply on to get their work done
Information systems are Very important to our ______
Economy
Based on the Information and Communications Technology (ICT) sector numbers, we can see that:
There will likely be more jobs in the future termed “service” industries
- these will improve business processes rather than mainly produce products
- Due to the raising GDP and Growth
Business professionals need to expand their knowledge of mobile devices and applications that include project management software
(e.g., Microsoft Project, OpenProject), business graphics (e.g., MS Visio, SmartDraw), and collaborative systems, such as Google Docs
The report identifies five key transformative technologies, Virtual and Augmented reality, 5G Mobile, 3D Printing, Blockchain, and Artificial Intelligence that join social media, mobile computing, applications, analytics, and cloud technology as major shapers of things to come.
Case you need this
According to the ICTC, there will be a rather dramatic need for individuals with a core set of skills, including the following:
Technical skills
Specific technology and industry experience
Satisfactory communication and other business skills
Moore’s law
Gordon Moore
Stating that a number of transistors per square inch on an integrated chip doubles every 18 months
-Held true for more than 40 years now
SSS Framework
Business Strategy
Information Systems Strategy
Organizing Structure Strategy
