BIS

Information

- data presented in a meaningful way - data processed by summing, ordering, averaging, grouping, comparing, etc. - knowledge is derived from data

Labor savings, more data that can be processed

2 Major benefits of automating a process (an IS)

1. Gives background we need to assess, evaulate, and apply emerging infomation systems technology to business 2. Gives ultimate job security with noncognitive skills

2 Reasons is most important course we will take

Abstract reasoning, collaboration, experimentation, systems thinking

4 Noncognitive Skills

Activities, Resources, Facilities, Information

4 things that make up a business process

1. 7+ characters 2. No dictionary words in any language 3. Does not contain user name, real name, company name 4. Different from previous passwords 5. Upper, lower, numbers, and special characters

5 things a strong password should contain

Abstract Reasoning

Ability to make and manipulate models

Systems Thinking

Ability to model the components of the system, connect the inputs and outputs among components into a sensible whole that reflects teh structure and dynamics

Manual, automated, combination

Activites can be ___, ___, and ___

Collaboration

Activity of two or more people working together to achieve a common goal/product

People, hardware

Actors in the components of an IS

Worth its Cost

Appropriate relationship must exist between the cost of information and its value

Data

Bridge in an IS, bridges people on the right and computer on the left

Repository

Collection of business records usually implemented into a data base; can be a cardboard box, notebook, like, excel, database, etc.

Hardware

Computer, storage, disk, keyboard, and monitor are examples of ___

stimulus, response

Data is a ___, information is a ____

MIS

Development and use of information systems that help businesses achieve their goals and objectives

hardware, software, data, procedures, people

Five-Component Framework

System

Grop of components that interact to achieve some purpose

Roles

In BP, Sets of procedures

Relevant Information

Information that directly pertains to both the context and to the subject it references

Accurate Information

Information that is based on correct and complete data, been processed correctly as expected

Timely Information

Information that is produced in time for intended use

Just Barely Sufficient Information

Information that is sufficient for the purpose for which it is generated, but only so - knowing how to ignore some information

Sofrware, procedures

Instructions in the IS

True

It is our people who execute procedures to employ a new IT

Resources

Items of value such as inventory or funds that are part of the business process

Moore's Law

Law created by Gordon staying the number of transistors/square inch on an integrated chip double every 18 months. Prediction was inaccurate in 40 yrs since it was made. Law is stated that performance of a computer double even 18 months, not true, gives gist of idea

Achieveing business goals and objectives

Looking at the business needs and what a new system can do for you is an example of ___ defintion of MIS

Experimentation

Making a reasoned analysis of an opportunity, envisioning potential solutions, evaulating possibilities, and developing the most promising ones, consistent with resources you have

Procedures

Methods you used to start program, enter report, print are examples of ___

Critical Feedback

Most important skill for effective collaboration

Data Flow

Movement of a data item from one activity to another activity or to a repository - shown with arrows

Business Process

Network of activities, roles, resources, repositories, and data flows that interact to accomplish a business function

Activities

Part of a business process that transforms resources and information of one type into resources and information of another type; automated or manual - input/output

Automation

Process of moving from the right to the left side without being manual

Decision

Question that can be answered yes or no - provide branching points within the flow of a business process

Activites, Decisions, roles

Rectangles represent...Diamonds represent....and ovals represent

Ture

T/F: The ability to adapt to changing technology and shifting demand and shifts in nature of organizations show strong nonrountine cognitive skills

True

T/F: The only job security that exists is a "marketable skill and the courage to use it"

True

T/F: The quality of your thinking is a large party of the quality of the information system you use, especially for unstructured processes.

True

T/F: When a business process activity is automated, work formerly done by ppl following procedures has been moved to computers that perform the work by following instructions in software.

False

T/F: You can buy IT and IS

True

T/F: You can see that storing records in a cardboard box may not be an operational problem but has opportunity costs in lost information.

True

T/F: You will need to learn how to employ the information system to accomplish your goals and will have responsibility of protecting the security of the system and its data. May even have takes to back up data.

Development and Use

Taking an active role, active involvement, learning how to employ the system, responsibility protecting the security of the system and its data, backing up and recovering are examples of ___ definition of MIS

Active Role

We need to have an ____ ____ in the development and use of information systems (MIS)

Software

Word, WordPerfect, Excel are examples of ___

Data

Words, sentences, paragraphs are examples of ___

Repositories

____ hold the collective memory of an organization.

IS

group of components that interact to produce information

IT

refers to products, methods, inventions, and standards used for the prupose of producing information (hardware, software, and data components)

True

T/F: One way to reduce costs is to reduce number of ppl fulfilling a role.

False

T/F: Remembering strong passwords is not a problem.

True

T/F: Information systems support business processes by implementing activities by serving as data repositories and by controlling the flow of data

Ture

T/F: Most business processes involve several roles.

False

T/F: One way to decrease performance of a business is to have add resources to a role.

True

T/F: 20% of ppl have an easily guessed password

False

T/F: A calendar hanging on the wall is not an information system.

True

T/F: Activities are collections of related tasks that receive inputs and process those inputs to produce outputs.

False

T/F: All good information is equal

True

T/F: Any value that is used for the basis of a decision is data that induces information - data stored in a database is quite easy to produce information vs data stored in a cardboard box

True

T/F: As data assumulates in repositories, more and mor information can be obtained.

True

T/F: Everyday there is a business somewhere developing information system for the wrong reasons.

False

T/F: Fear of failure does not paralyze good people and good ideas.

False

T/F: Flow of data within the business process is not controlled by the application

True

T/F: Future belongs to business ppl who can creatively envision new appellations of information systems and technology.

False, the quality of our thinking is a large part of the quality of the information system we use, especially for unstructured processes

T/F: Having perfect data allows us to construct perfect decisions (Disney dieting example)

False

T/F: IS drives the development of new IT

True

T/F: In an information system, hardware and software components produce accurate data, nut unless the process is highly structured, the quality of resulting information is determined by people and procedures they use to interpret information.

True

T/F: Information systems create value and create risk.

True

T/F: Information systems should be subject to the same financial analyses to which other assets are subjected.