Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

CS 330 Final > Management Information Systems > Flashcards

Management Information Systems Flashcards

1
Q

What is data?

A

Raw facts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is information?

A

Data shaped into a form that is meaningful to human beings

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is information technology?

A

All the hardware and software that a firm needs to use in order to achieve its business objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is an information system?

A

A set of interrelated components that collect, process, store, and distribute information to support decision making and control

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What are the 3 dimensions of information system literacy?

A
  1. technical
  2. organization
  3. management
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Explain the technical dimension of an information system

A

processors, memory, secondary storage, servers, databases, networks

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Explain the organization dimension of an information system

A

different groups in a firm have different information needs + rules

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Explain the management dimension of an information system

A

make decisions, formulate action plans, design and deliver new products and services

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is the goal of studying management information systems?

A

develop broader information systems literacy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is the mission of MIS? (3)

A
  1. improve the performance of people in organizations through the use of information technology
  2. automate data gathering
  3. convert business data into information with business intelligence
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is the purpose of business intelligence?

A

help users make better business

decisions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Compare IS vs MIS

A

MIS is broader than an IS

for an MIS both technical and behavioral issues are considered

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What are 3 reasons to consider an IS?

A
  1. create or maintain a competitive advantage
  2. adapt to (internal and external) change
  3. cost benefit analysis
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What are 3 ways to develop and manage an IS?

A
  • design, implement, and integrate
  • training, new business practices
  • privacy and security
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

5 factors that lead to a competitive advantage

A
  1. operation excellence (improve efficiency)
  2. develop new products, services, and business models
  3. understand customers and suppliers better
  4. improve decision making using relevant and accurate information
  5. survival -> respond to changes
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is the key focus when adapting to internal or external change?

A

focus on the future

incremental improvement will make you obsolete

17
Q

What is creative destruction?

A

A new technology that threatens existing business

18
Q

What are 2 reasons to invest in an IS?

A
  • provides real value to the company

* provides a better return on investment than other options such as buildings, machines, etc

19
Q

What helps achieve a better return?

A

complementary assets

20
Q

Define complementary assets and give 2 examples

A

assets required to derive value from a primary investment

examples: new business models, new business methods, training, management behaviour etc

21
Q

What are the 2 contemporary approaches to MIS?

A

Technical approaches

Behavioural approaches

22
Q

Name the 3 technical approaches to MIS

A

Computer Science
Operations Research
Management science

23
Q

explain the computer science approach to MIS

A

methods of computation, storage, and

access

24
Q

explain the operations research approach to MIS

A

optimizing selected parameters such as

transportation costs, inventory levels

25
Q

explain the management science approach to MIS

A

models for decision making and management practices

26
Q

What are the 3 behavioural approaches to MIS

A

Sociology
Economics
Psychology

27
Q

explain the sociology approach to MIS

A

how information systems affect individuals, groups and organizations

28
Q

explain the economics approach to MIS

A

production of digital goods, dynamics of digital markets

29
Q

explain the psychology approach to MIS

A

how humans decision makers use formal

information.

30
Q

what is the sociotechnical approach to MIS?

A

jointly optimizing both the social and technical systems used in production

Both behavioural and technical aspects need to be considered

CS 330 Final (6 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions