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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
What is information?
- What is the key purpose of information
A collection of (raw) facts organized and processed for additional value
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
What are the primary designs of business information systems?
– Commerce (B2B, Internet, Mobile)
- Transaction processing
- Management information systems
- Decision support system
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
What are the factors that lead organizations to seek competitive advantage?
– Rivalry among existing competitors
– Threat of new entrants
– Threat of substitute products and services
– The bargaining power of buyers and suppliers
What are the three stages in the business use of IS?
– Stage 1 – Cost reduction and productivity
– Stage 2 – Competitive advantage
– Stage 3 – Performance-based management
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