module 1 Flashcards
computer literacy
a skill in using productivity software
info literacy
understanding the role of info in generating and using business intelligence
transaction processing systems (TPSs)
focus on data collection and processing
used for cost reduction
applied to structured tasks
require minimal human involvement when automated
management info system (MIS)
organized integration of hardware and software technologies, data, processes and human elements
designed to produce timely, integrated, relevant, accurate and useful info for decision making
tasks in designing an MIS
define the systems objectives
collect and analyze data
provide info in a useful format
major components of an info system
data
database
process
information
data
input to the system
internal/external
database
collection of all relevant data organized in a series of integrated files
oracle / microsoft SQL
process
to generate the most useful type of info for making decisions
info
output of an info system
strategic info systems
goal oriented
long term goals and objectives
assists in implementing strategies
info technologies
internet
computer networks
database systems
POS
RFID
Four M’s
manpower
machinery
materials
money
types of info systems
personnel info system (PIS)
human resource system (HRIS)
logistics info system (LIS)
manufacturing info system (MFIS)
Financial info system (FIS)
Marketing info system (MKIS)
three strategies for successfully competing in the marketplace
overall cost leadership
differentiation
focus
overall cost leadership
bottom line strat - improve efficiency by reducing costs
top line strategy - generate new revenue by offering new products and services
5 forces model
buyer power
supplie power
threat of substitute products/services
threat of new entrants
rivalry among existing competitors
buyer power
high when cxs have many choices and low when cxs have fewer choices
supplier power
high when cxs have fewer options and low when cxs have more options
IT Jobs
chief technology officer (CTO)
chief info officer (CIO)
systems analyst
network admin
data admin
computer programmer
webmaster
