Chapter 15 - Managing Information & Technology Flashcards
What are the 2 roles of the IT department?
Strategic – makes key decisions about technologies
Operational – making decisions that functional groups support
What are the characteristics of good information?
- Accurate
- Relevant
- Timely
- Understandable
- Secure
What are Decision Support Systems (DSS)?
They provide access to data and the processing power to convert the data into information.
What is intellectual property?
Products resulted from creative and intellectual efforts.
What is a Patent?
A patent is a right given by the federal government to an inventor that prevents others from making, selling, or using the invention for a period of time.
What 3 criteria must be met to get a patent?
Novelty
Utility / Usefulness
Non-obviousness
Why is cloud computing gaining popularity?
- Financial benefit
- Flexibility
- Encourage collaboration
- Processing speed
How does data become information?
When it becomes accurate, relevant, timely, understandable, and secure.