This chapter presents basic concepts necessary to understand systems and business information systems.
After completing Chapter 1, you should be able to accomplish the objectives on this slide and the following slide.
Information is key in business organizations. The value of information is closely related to how it helps decision makers achieve the organization’s goals.
Models, computers and information system help make it possible for organizations to improve
Knowing the potential impact of information systems and being able to apply this knowledge will be useful to you in work and your life.
Users of information systems, managers and information systems professionals work together to create and maintain successful information systems.
Information itself has value. Computer-based information systems are used to create, store, process and distribute information.
The terms data & information are often used interchangeably. However, there is an important distinction: information is value-added data. Data is processed, organized or transformed to become information.
The terms data & information are often used interchangeably. However, there is an important distinction: information is value-added data. Data is processed, organized or transformed to become information.
Data are raw facts. For example, if you write down your age & grade on an English test & hand it to me, I see 2 numbers – raw data. However, if you include the average age and average test score for your class, the data would have some meaning to me as a teacher… it would become information. Interestingly, your name and grade – data to me- could very well be information to you. In the context of your life or experiences, those 2 numbers alone would most likely have meaning.
Similarly, a grocery store manager would most likely find a list of every item sold today to be of little use – it is data. However, the amount that the store’s total sales are over or under planned sales would be information.
A system is a set of components that work together to accomplish specific goals. Since systems are complex, models of them are often built to help people understand, improve or design systems.
An information systems is a set of interrelated components that collect, manipulate & disseminate information & provide feedback to meet an objective. When we discuss computer-based information systems, we use the terms input, process and output instead of collect, manipulate and disseminate.
A computer-based information system is an information system that uses computer technology to perform input, processing & output activities.
The most common organizational business information systems are: electronic commerce systems, transaction processing systems, management information systems, and decision support systems. Some firms also use artificial intelligence systems, virtual reality systems or geographic information systems.
This chapter presents basic concepts necessary to understand systems and business information systems.
After completing Chapter 1, you should be able to accomplish the objectives on this slide and the following slide.
Information is key in business organizations. The value of information is closely related to how it helps decision makers achieve the organization’s goals.
Models, computers and information system help make it possible for organizations to improve
Knowing the potential impact of information systems and being able to apply this knowledge will be useful to you in work and your life.
Users of information systems, managers and information systems professionals work together to create and maintain successful information systems.
Information itself has value. Computer-based information systems are used to create, store, process and distribute information.
The terms data & information are often used interchangeably. However, there is an important distinction: information is value-added data. Data is processed, organized or transformed to become information.
The terms data & information are often used interchangeably. However, there is an important distinction: information is value-added data. Data is processed, organized or transformed to become information.
Data are raw facts. For example, if you write down your age & grade on an English test & hand it to me, I see 2 numbers – raw data. However, if you include the average age and average test score for your class, the data would have some meaning to me as a teacher… it would become information. Interestingly, your name and grade – data to me- could very well be information to you. In the context of your life or experiences, those 2 numbers alone would most likely have meaning.
Similarly, a grocery store manager would most likely find a list of every item sold today to be of little use – it is data. However, the amount that the store’s total sales are over or under planned sales would be information.
A system is a set of components that work together to accomplish specific goals. Since systems are complex, models of them are often built to help people understand, improve or design systems.
An information systems is a set of interrelated components that collect, manipulate & disseminate information & provide feedback to meet an objective. When we discuss computer-based information systems, we use the terms input, process and output instead of collect, manipulate and disseminate.
A computer-based information system is an information system that uses computer technology to perform input, processing & output activities.
The most common organizational business information systems are: electronic commerce systems, transaction processing systems, management information systems, and decision support systems. Some firms also use artificial intelligence systems, virtual reality systems or geographic information systems.
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