MIS 204 Exam 1

Q5: What is Information?

1. knowledge derived from data 2. data presented in a meaningful context 3. Data processed by summing, ordering, averaging, grouping, comparing 4. A difference that makes a difference

Q1: What are the two key characteristics of collaboration?

1. two or more people working together to achieve a common goal 2. Feedback and iteration cooperation lacks feedback and iteration

Q2: What is MIS?

An information system is a group of five components that interact to product information

IS Equation

IS = IT + people + procedures

IT components

IT 1. Products 2. Methods 3. Inventions 4. Standards

IT Equation

IT = hardware + software + data

Achieving Strategies

MIS empowers users to achieve business objectives -IS exist to assist business people -IS exist to help achieve goals and objectives

Most important Component?

You -quality of thinking -you can change the way your brain works -know how to use information systems -low tech vs high tech alternatives -understand scope of information systems

Q6: What are necessary data characteristics?

accurate, timely, relevant (to context, to subject), just sufficient, worth its cost

Procedures for using collaboration software:

basic tasks like creating announcements, reading and storing documents, adding items to lists, responding to surveys

Q3: What are the four primary purposes of collaboration?

become informed, make decisions, solve problems, manage projects

Structured Decision

clearly defined, understood and agreed method ex: formula for reordering inventory

Procedures for conducting collaborative project

concerns how team will perform its collaborative work

Abstract Reasoning

construct a model or representation

Ability to Experiment

create and test promising new alternatives, consistent with available resources

Q2: What are three criteria for successful collaboration?

criteria for judging team success: 1. successful outcome 2. growth in team capability over time 3. meaningful and satisfying experience

Problem solving phases

define problem identify alternative solutions specify evaluation criteria evaluate alternatives select an alternative implement solution

Collaboration

develop ideas and plans with others provide and receive critical feedback

How can I attain job security?

develop strong nonroutine cognitive skills ex: abstract reasoning, systems thinking, collaboration, ability to experiment

Asynchronous

different times

Five Component Framework

hardware, software, data, procedures, people

Project Management Importance

importance of project management increases as group size, project scope and complexity increase

Q1: Why is MIS the most important class in the business school?

learn to assess, evaluate, and apply emerging information to business. get job security

Systems Thinking

model system components and show how the inputs and outputs relate

Moore's Law

number of transistors per square inch on an integrated chip doubles every 18 months

Project Data

part of the collaboration's work product. for a team designing a new product

feedback

provide easy to use and readily available multiparty communication

Synchronous

same time/real time

Iteration

track many versions of many documents

Collaboration

two or more people work together to achieve a common goal, result, or work product

Unstructured Decision

undefined, no agreed method ex: predicting the future direction of the economy

Purpose of 5 Component Model

understanding scope of new info systems components ordered by difficulty to change and amount of disruption

project metadata

used to manage group communication, team morale and for managing the project

Q4: Why is the difference between IT and IS important?

you can buy IT, you can't buy IS because of the human element