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10 Cards in this Set

  • Front
  • Back
Management information systems
the development and use of information systems that help business achieve their goals and objectives
Key elements of MIS (3)
-development and use
-information systems
-business goals and objectives
System
a group of components that interact to achieve some purpose
Information system
group of components that interact to produce information
Five Component Framework
-computer hardware [take actions]
-software [instructions for hardware]
-data [human-computer bridge]
-procedures [instructions for people]
-people [take actions]
Hi Tech vs Lo Tech
more work vs less work from computers
Information
data presented in a meaningful context
Data
recorded facts and figures
Good information (5)
-accurate
-timely
-relevant (to context, subject)
-barely sufficient
-worth its cost
Information technology
products, methods, inventions, and standards used for the purpose of producing information