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10 Cards in this Set

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  • Back

What is an Information System?

System: A group of products that work together to achieve a purpose




Information System: a group of components that interact to make a product information

What is IS

IS combines the people and procedures they use to help make technology work for business

What is MIS

MIS comprise the development and use of information systems that help organizations achieve their goals and achievements




MIS is a type of Information system

What is the difference between IS and IT

IT refers to raw technology and is only focused on hardware and software and how they're networked together. Is only useful when it is combined with bigger picture which is IS




IS refers to the whole shebang, including hardware, software, data, procedures, and people.



Characteristics of the Five Components


and name their roles





1. Hardware (Actor)


2. Programs (Instructions)


3. Data (Bridge)


4. Procedures (Instructions)


5. People (Actor)




- Automation moves work from human to computer side




- Increasing degree of difficulty of change


Hardware===> people

IT within IS

IT alone will not help an organization achieve goals




IT must be embedded into IS in order to make business work




Technology must be combined with people and procedure

How does ICT help improve our Economy?

ICT helps provide products and services to other industries.




the ICT sector makes up roughly 3% of the workforce and 155 billion in revenue



Moore's Law

The growth of circuits on a computer chip doubles every 2 year

Network effects

As more users begin to use a certain product the value you receive increases as more people are using it and its hard for them to leave network locking in.

Computer Price/Performance Ratio

computers are smaller, and less expensive, and they are beginning to get better and better every year