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25 Cards in this Set
- Front
- Back
business model
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describes how a company produces, delivers, and sells a product or service to create wealth.
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information technology (IT)
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consists of all the hardware and software that a firm needs to use in order to achieve its business objectives.
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information system (IS)
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a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making, coordinating, and control in an organization.
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information
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data that have been shaped into a form that is meaningful and useful to human beings.
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data
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raw facts that have been organized and arranged into an understandable and useful form.
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input
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captures or collects raw data
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processing
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converts raw input into a meaningful form
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output
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transfers processed information to the people who will use it or to the activities for which it will be used
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feedback
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output that is returned to appropriate members of the organization to help them evaluate or correct the input stage.
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information systems literacy
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broader understanding of information systems, which encompasses an understanding of the people and organization dimensions of systems as well as the technical dimensions of systems
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computer literacy
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focuses primarily on knowledge of information technology.
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business processes
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logically related set of activities that define how tasks are performed
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culture
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fundamental set of assumptions, values, and ways of doing things
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computer hardware
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physical equipment used for input, processing, and output activities in an information system
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computer software
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detailed, preprogrammed instructions that control and coordinate the computer hardware components in an information system
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data management technology
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software governing the organization of data on a physical storage media
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networking and telecommunications technology
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links various pieces of hardware and transfers data from one physical location to another.
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network
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links two or more computers to share data or resources (i.e., printer)
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Internet
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world’s largest and most widely used network
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intranets
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connectivity to link different systems and networks within the firm
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extranets
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private intranets extended to authorized users outside the organization
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World Wide Web
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service provided by the internet that uses universally accepted standards for storing, retrieving, formatting, and displaying information in a page format on the internet.
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information technology (IT) infrastructure
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the foundation, or platform, on which the firm can build its specific information system.
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change management
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techniques used to bring about successful change in a business.
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critical thinking
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sustained suspension of judgment with an awareness of multiple perspectives and alternatives: 1) maintaining doubt/suspending judgment; 2) awareness of different perspectives; 3) testing alternative and letting experience guide; 4) awareness of organizational/personal limitations.
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