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8 Cards in this Set
- Front
- Back
What is the definition of Information Systems?
- What are the key components? - What is the overall function? |
A set of interralated components that:
- Collect (input) - Manipulate (process) - Store - Disseminate (output) Data and information to provide a feedback mechanism (i.e. corrective reaction) to meet an objective |
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What is information?
- What is the key purpose of information |
A collection of (raw) facts organized and processed for additional value
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What is a system?
- How can system performance be measured? |
A set of elements or components that interact to accomplish goals
• Input • processing • output • feedback System performance can be measured in various ways – Efficiency and Effectiveness |
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What are the primary designs of business information systems?
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– Commerce (B2B, Internet, Mobile)
- Transaction processing - Management information systems - Decision support system |
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What is an organisation?
- What is the key purpose of an organisation? |
A collection of people and other resources established to accomplish a set of goals
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What are the factors that lead organizations to seek competitive advantage?
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– Rivalry among existing competitors
– Threat of new entrants – Threat of substitute products and services – The bargaining power of buyers and suppliers |
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What are the three stages in the business use of IS?
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– Stage 1 – Cost reduction and productivity
– Stage 2 – Competitive advantage – Stage 3 – Performance-based management |
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What are 5 personal and social impacts of computers?
- List some factors for each |
– Computer waste and mistakes
– Computer crime – Privacy issues – Work environment problems – Ethical issues |