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21 Cards in this Set

  • Front
  • Back
Moore's Law
Number of transistors per square inch on an integrated chip doubles every 18 months (cost of data storage is zero now).
MIS is important because?
Future business workers need to be able to asses, evaluate, and apply emerging info technology to business.
Four cognitive skills you need
Abstract reasoning, systems thinking, collaboration, and ability to experiment
Abstract Reasoning
ability to make and manipulate models
Systems Thinking
ability to model the components of the system, connect the inputs and outputs among the components into a sensible whole, to explain the phenomenon observed
Collaboration
two or more people working together to achieve a common goal, result or work product
Ability to Experiment
making reasoned analysis of an opportunity, envisioning potential solutions, evaluating those possibilities, and developing the most promising ones
MIS
management information systems: development and use of IS that help businesses achieve their goals and objectives
System
group of components that interact to achieve some purpose
Information Systems
IS: group of components that interact to produce info
Five-Component Framework
model of components of an IS: computer hardware, software, data, procedures, and people
Computer-Based Information System
IS that includes computers
Information
knowledge derived from data
Data
recorded facts or figures
Accurate
good info is based on correct and complete data, and has been processed correctly as expected
Timely
produced in time for its intended use
Relevant
info related to the context and the the subject
Sufficient/Just Barely So
enough info for the purpose which it is generated
Worth its Cost
appropriate relationship must exist between the cost of ino and its value
Information Technology (IT)
products, methods, inventions, and standards that are used for the purpose of producing info
Computers-in-a-Product
computer capabilities embedded within common consumer products