Chapter 1: What is MIS

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

Moore's Law

"The number of transistors per square inch on an integrated chip doubles every 18 months" - doesn't mean that the speed of the computers doubles every 18 months.

3 Important Phrases of MIS

1.) It will give you the background you need to assess, evaluate, and apply information systems technology to business. 2.) It can give you the ultimate job security -marketable skills 3.) Many MIS-related jobs are available

3 key elements in MIS

1.) Management and Use 2.) Information System 3.) Strategies

Collaboration

2 or more people working together to achieve a common goal

Abstract Reasoning

Ability to make and manipulate models

Necessary Data Characteristics

Accurate, Timely, Relevant, Just Barely Sufficient, Worth its cost

Bridge

Data

Actors

Hardware & People (outside)

Dif. between Information and Data

Information is processed data; Data is recorded facts or figures

Five-Component Framework

Model of the components in an Information System - Hardware, Software, Data, Procedures, People.

Information Technology

Refers to the products, methods, inventions and standards that are used for the purpose of producing information.

Instructions

Software & Procedure (Inside)

Systems Thinking

ability to model components of the system to connect inputs and outputs that reflect the dynamics of the phenomenon observed.

Worth its cost

appropriate relationship between cost of info and its value.

Relevant

both to the context and to the subject

Accurate

correct and complete data that's processed correctly

Just Barely Sufficient

for purpose for which it is generated. Avoid information overload

System

group of components that interact to achieve some purpose

Information System

group of components that interact to produce information

Information

knowledge derived from data

Experimentation

making a reasonable analysis of an oppurtunity.

Timely

produced in time for its intended use

Management Information System

the management and use of information systems that help organizations achieve their strategies


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