Lesson 1 Flashcards
Information System
a group of components that interact to produce information
5 Components of IS
- Hardware
- Software
- Data
4 Procedures - People
Management Information Systems (MIS)
comprise the development and use of information systems that help organizations achieve their goals and objectives
3 Elements of MIS
- Development and use
- Information systems
- Goals and objectives
Information Technology (IT)
refers to the methods. inventions, standards, and products
5 Transformative Technologies
- Virtual and augmented reality
- 5G mobile
- 3D printing
- blockchain
- AI
Moore’s Law
A law, created by Gordon Moore, stating that the number of transistors per square inch on an integrated chip doubles every 18 months. Moore’s prediction has proved generally accurate in the 40 years since it was made. Sometimes, this law is stated as the speed of a computer chip doubles every 18months. While not strictly true, this version gives the gist of the idea.