The technology and information factor Flashcards
Range of purposes for which orgs require information-role of IS in an org
- Recording transactions(eg:evidence if there s a dispute,legal requirement,better assessment of profitability)
- Decision making(make informed decisions-use of internal -external info by IS)
- Planning(knowledge of rexources,time-scales,outcome under altern scenar)
- Performance measurement(comparisons against budget or plan-collection ,analysis,presentation)
- Control-(whether preceeding as expected-control outcomes of a plan)
Turning data to information process:
- Data: raw unprocessed facts and figures.
- Information :data processed in a way it makes it meaningful for planning.
- Gathering data from int -ext sources
- Examine and filter
- Compare against benchmarks(act vs budget)
- Interpretation (why there are discrepancies)
- Info distributed
Internal data info:
- Accounting records-great value outside of acc dpt
- Personel records-payroll but also project costing
- Production data-machine capacity,fuel consumption,movement of people,materials,WIP,set up times,maint requirem ect
- Time sheets-notably accountants and solicitors,fees to clients,efficiecy ,profitability
External data info,Fomal collection of data from sources outside/environmental scanning:
- PEST factors
- Competitors -successful,new prod
- Customers-needs,potential market
- Suppliers-price,quality,new suppliers
Fomal collection of data from sources outside:
- Tax specialists -changes in tax law
- Legal experts,comp secretary-empl regulations,health and safety at work
- R&D-other research already done
- Marketing managers:opinions and buying attitudes.
- Environmental scanning:Gathering extern data frome wide range of sources.
Informal data/human capital/structure capital:
- Informal gatherining continuous:employees learn what is going on in the world around them(magazines,newspapers,ect)
- Human capital:Knowledge skills experience developed by staff
- Structural capital:assets such as patents ,client lists
The qualities of info:
ACCURATE:
- Acccurate-no typos,figures shoul ad on,reliable
- Complete-consistent to allow comparisons
- Cost-effective
- Understandable-easy to read,well presented
- Relevant-omit if irrelevant,all significant inluded
- Accessible-appropriate choice of medium
- Timely-available when it is needed
- Easy to use-format easy to use or pass on as required
!Difference between IS and IT:
IS:A general concept that refers to people,data,activities both computer based and manual taht effectively gather,process,store and disseminate info.Most rely on ICT .
IS VS IT:
IS-Provides mgt info that assists business operations
IT-underlying hardware equipment that the system is built on
Different levels-different types of IS:
- Strategic:help senior mgrs with long term planning,long term,covers whole of org,high uncertainty/subject ,accuracy less critical eg:KPI s,ad hoc market analysis,startegic plans
- Mgt or tactical:Help middle mgrs monitor and control,short to medium tim efocus,covers dpt or function,Moderate uncertainty,accuracy:moderate level eg:variance analysis,except reports
- Operational: process ops and help operational mgrs to trach day2day act ,immediate time focus,specific activities covered,low uncertainty,high accuracy eg: daily receipts and payments,real time production data,debtors and creditors
1.
TPS or DPS:
Transaction processing systems,Data proc syst:
- Used for routine tasks ;
Major application systems:
- Sales/mkt:
- sales order info system
- Market research system
- Pricing system
- Manuf /prod systems:
- Materials resource planning
- PO control
- Engineering
- Quality control
- Finance account systems:
- GL
- AR ,AP
- Budgeting
- Funds Mgt
- HR systems
- Payroll
- Empl records
- Empl benefits
- Career path systems
5.
MIS:
- Mainly internal sources of info
- Managers to make timely and effective decisions for planning , directing and controlling the activities for which they are responsible.
- Provides regular reports and access to current and past perf
- Transforms data from TPS to summarised files
Characteristics:
- Support structured decisions at operational and mgt control levels
- Design to report on existing operations
- Little analytical capabilities
- Inflexible
- Internal focus
ESS or EIS:
- Pools data from internal and external sources and makes info available to senior mgrs in an easy to use form .
- Helps them to make strategic,unstructured decisions
Features:
- Flexibility
- Quick response time
- Sophisticated data analysis and modelling tools
DSS(decision support systems):
- Data and analytical models or data analysis tools semi -structured and unstructured decision making .
- Assist mgrs in decision making when there is high uncertainty
- Range of alternatice info and analytical tools with emphasis upon flexibility and user friendliness
- More analytical power than other alternatives,variety of potential conditions
Knowledge work systems (KWS)
- Facilitates teh creationa and integration of new knowledge into an org
- Knowledge workers:jobs involve priimarily creation of new knowledge
KWS helps knowledge workers create new knowledge and expertise eg
- CAD
- CAM
- Specialised financial software that analyses trading situations
Office automation systems(OAS)
- Supports major activities in a typical office such as document mgt,facilitating communications and managing data
Expert systems:
- Form of DSS
- Allows users benefit from expert knowledge and info
- Consists of a database holding specialised data and rules about what to do in ,how to interpret ,a given set of circumstances
Eg loan aplications
- Check the facts
- Perform calculations
- Match up other criteria
Business apps of ES:
- Legal advice
- Tax advice
- Forecasting
- Surveillance (number of customers entering in a supermarket-how many new check outs)
- Diagnostic systems
- Project mgt
- Educationa /training
When use of ES is appropriate to use?
- Problem well defined
- Define some rules by which the problem can be solved
- Cannot be solved by conventional transaction processing
- The expert could be released to more difficult problems
- Investment in ES is cost justified
Internet ,intranet,extranet
- Internet :system of networks and computers taht use the standard internet protocol (TCP/IP) to connect between each other globally
- Intranet:Mini version of inetrenet-private network inside a company
- Extarnet:Accessible to authorised outsiders,business partners to exchange info
Databases,DBMS,characteristics:
- Collection of data organised to service many applications,access for a wide variety of users
- Database Mgts system:Sofware that centralises data and manages access to the database.Enables numerous apps to utilise the same files
Characteristics:
- Shared
- Controls to preserve integrity
- Flexibility: provides for the needs of different users,should be capable of evolving to meet future needs
Database queries:
- Interogate ,change,way o asking for data
- SQL:structired query language
- Databases connect to web server and can be accessed by people outside the org through their web browser
- eg Micosoft ado
Advantages/disadv of database systems:
+
- Data redudancy (avoidance of dulpication) brings time savings and reduced costs
- Encourages mgt to regard data as a resource that must be properly managed
- Encourages better use of data (analyse,relationships,use in different apps)
- Consistency-integrity
- Greater flexibility(users,programs ect)
- Developing new apps easier
-
- Data security and privacy
- Data should be accurate and free from corruption (data cleansing)
- Disputes on who owns the data
- Contigency plan required in case of system failure
- Initial dvt costs when built from scratch.
Network and network topology definition:
- Network general term: decribe any computing system that includes connected computers
- Computer network:number of connected computers and other devices.
- Network topology:Refers to how a computer networkis physically arranged.The virtually shape /structure of a network ..doesn t correspond to the physical layout:
Network topology-types
- Bus -Common backbone/devices tap into with an interface connector.
- Ring-
- Star -central connection point (huB/switch/router)-all cabling segments meet-connected to hub via UTP Ethernet-if a cable has problem only that part is affected(also extended star with one or more repeaters-to extend the max transmission distance)
- tree(or star bus )-collection of star networks arranged in hierarchy-unlike star net the functionality of the central node may be distributed.
- mesh-each device connects to every other(Internet)
- More complex networks -hybrids of 2 or more of the obove
Definition,adv,disadv centralised IS:
- Involves all functions being based out of a single central location such as HQ.
Advantages
- Only one set of files(all same data and info)
- Better security/control
- Head office better condition to know what s going on
- Economies of scale (purchasing comp equip)
- More expert staff likely to be employed.
Disadvantages
- Local offices might need to wait for IT/IS services.
- Local offices less self reliant
- A system fault-impacts everyone
Decentralised IS /def/adv/disadv:
- Functions spread out througout orgs locations
+
- Each office IS system tailored in its needs
- More self sufficient
- Quicker access to IT /IS support
- More likely to facilitate accurate cost allocations
-
- Difficult control
- Lack of coordination between dpts
- Increased risk of data duplication