INSY50 Flashcards
it is one of an organization’s most valuable resources
information
often confused with the term data
information
raw facts
data
collection of data organized in such a way that they have value beyond the facts themselves
information
awareness and understanding of a set of information and the ways it can be made useful to support a task
knowledge
the process of defining relationships among data to create useful information
knowledge
it helps people perform tasks more efficiently and effectively
valuable information
it can result in loss of potential new customers and reduced customer satisfaction
inaccurate data
it can be obtained in the right format and at the right time
accessible
it free from errors
accurate
it contains all the important facts
complete
the cost of producing this information must be equivalent to its value
economical
it can be used in a variety of purposes
flexible
it is important to the decision maker
relevant
it can be trusted by its users
reliable
it cannot be accessed by unauthorized users
secure
it is not complex and sophisticated
simple
it is delivered when it is needed
timely
it is correct and can pass authenticity check
verifiable
it is a set of interrelated elements that collect, process, store, disseminate data and information, and provides a feedback mechanism to monitor and control its operation to make sure it continues to meet its goals and objectives
information system (IS)
it is a single set of hardware, software, databases, networks, people, and procedures
computer-based information system (CBIS)
it is configured to collect, manipulate, store, and process data into information
computer-based information system (CBIS)
it is supported by the organization’s technology infrastructure
computer-based information system (CBIS)
it includes information systems that improve the productivity of individual users
personal IS