Chapter 1 Flashcards
Introduction to Information Systems (37 cards)
Information Technology (IT)
refers to any computer-based tool that people use to work with information and support an organization’s information and information-processing needs.
Information Systems (IS)
collects, processes, stores, analyzes, and disseminates information for a specific purpose.
Digital transformation
the business strategy that leverages IT to dramatically improve employee, customer, and business partner relationships
what is the second reason to learn about information systems and information technology?
to undergo digital transformation and survive in the market.
what are some of the traditional functions of the Management Information System Department
*Managing systems development and systems project management
*Managing computer operations, including the computer center
*Staffing, training, an developing IS skills
*Providing technical services
*Infrastructure planning, development, and control
what is the term used for the situation when a firm is unable to function due to information systems not working?
Hostage to information systems.
Data items
refers to elementary description of things, events, activities, and transactions that are recorded, classified, and stored but are not organized to convey any specific meaning.
Information
Refers to data that have been organized so that they have meaning and value to the recipient.
Knowledge
Consists of data and/or information that have been organized and processed to convey understanding, experience, accumulated learning, and expertise as they apply to a current business problem.
Computer-based information system (CBIS)
An information system that uses computer technology to perform some or all of its intended tasks.
What are the four Information technology components
*Hardware
*Software
*Database
*Network
What are the major capabilities of Information systems?
*Perform high-speed, high-volume numerical computations
*provide fast, accurate communication and collaboration within and among organizations.
*Store huge amounts of information in an easy-to-access yet small space
*Allow quick and inexpensive access to vast amounts of information worldwide.
*Analyze and interpret vast amounts of data quickly and efficiently.
*Automate both semiautomatic business processes and manual tasks
What do Managers in sales and marketing use IT for?
*Product analysis
*Site analysis
*Promotion analysis
*Price analysis
Knowledge workers
professional employees such as financial and marketing analysts, engineers, lawyers, and accountants.
Business Analytics (BA) Systems
Also known as business intelligence (BI) systems
provide computer-based support for complex, nonroutine decisions, primarily for middle managers and knowledge workers.
Expert systems (ES)
attempt to duplicate the work of human experts by applying reasoning capabilities, knowledge, and expertise within a specific domain.
What type of information system integrates all functional areas of an organization?
Enterprise resource planning (ERP)
the core capabilities of computer-based information systems include?
*High speed calculations
*Staging and processing of large amounts of data.
What is the term used to describe the merging of technology and financial services?
Fintech
How does IT affect middle managers?
Increases their productivity
How has IT changed the way managers make decisions?
It provides tools to help managers handle information.
Despite leading to job loss in some areas, what positive change does the increased investment in IT bring about in the job market?
Creation of entirely new job categories.
How can computers create new employment opportunities for people with disabilities
By integrating speech-recognition and vision-recognition capabilities
and by providing remote supervision for employees.
what type of robot is designed to work alongside human employees?
cobot
