Information Systems Management Dac1 Wgu

Front 1

Data

Back 1

Raw Facts that describe the characteristics of an event or object.

Front 2

Information

Back 2

Data converted into a meaningful and useful context

Front 3

Business Intelligence

Back 3

Information collected from multiple sources that analyzes patterns, trends and relationships for strategic decision making.

Front 4

Knowledge

Back 4

The skill, experience, and expertise, coupled with information and intelligence, that creates a person's intellectual resources.

Front 5

Data Examples

Back 5

Order Date, Amount sold, Customer number, quantity ordered.

Front 6

Information Examples

Back 6

Best/worst selling product.

Best/worst customer

Front 7

Business Intelligence Example

Back 7

Lowest sales per week compared with the economic interest rates

Front 8

Knowledge Example

Back 8

Best selling product by month compared to sports season and city team wins and losses

Front 9

Knowledge Example

Back 9

Choosing not to fire a sales rep who is underperforming knowing that perosn is experincing family problems.

Front 10

Systems Thinking

Back 10

Listing products that are about to expire first on the menu or creating them as a daily special

Front 11

Management Information Systems (MIS)

Back 11

a way of monitoring the entire system by viewing multiple inputs being processed or transformed to produce outputs while continuously gathering feedback on each part is information that returns to its original transmitter(input, transform, or output) and modifies the transmitters actions.

Front 12

Management Information Systems (MIS) Example:

Back 12

a business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision making and problem solving.

Front 13

Management Information Systems (MIS) Example:

Back 13

to fulfill product orders, an MIS for sales moves a single customer order across all functional areas including sales, order, fulfillment, shipping, billing, and finally customer service.