Chapter 14 Flashcards
What does strategic level information system serve
senior managers
What does management level information system serve
middle managers
what does knowledge level information system serve
knowledge and data workers
what does operational level information system serve
operational managers
What are
sales and marketing
manufacturing
finance
accounitng
HR
functional areas
What is described
derived in and external
summarised
LT focus
concerned with whole organisation
ad hoc
quant and qualitative
uncertain
strategic information
what is described
mostly internally
summarised at lower level
short and medium term
concerned with activities or departments
prepared routinely and regularly
quantitative measures
tactical
what is described
internal
detailed
relevant to immediate team
task specific
frequent
quantitative
operational
Qualities of good information
ACCURATE
Accurate
Complete
Cost benefit
User targeted
relevant
authoritative
timely
easy to use
What is defined
all systems and procedures involved in collecting, storing producing and distributing information
information systems
What factors should be considered to quantify benefits from proposed information systesm
increase revenue
cost reduction
enhanced service
improved decisions
How can systems improve decision making
forecasting
develop scenarios
market analysis
project implications
A system with low business value and low technical quality what do
dispose of
system with high business value and low technical quality
invest in (renew)
System high technical quality low business value should be
reassessed
High quality system with high business value should be
maintained and enhanced
What is strategic importance of big data
enhanced transparency
enhanced performance
market segmentation & customisation
improved decision making
new products and services