Chapter 1: The Importance of MIS Flashcards Preview

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1

MIS

Management Information Systems

2

System

A group of components that interact to achieve some purpose

3

Information System (IS)

A group of components that interact to produce information

4

Not all information systems require ________

Computerization

(Examples include a hanging calendar to book a room or a library using the Dewey Decimal System)

5

Five-Component Framework

The 5 fundamental components of an information system that are present in every information system, from the simplest to most complex

1) Computer Hardware
2) Software
3) Data
4) Procedures
5) People

6

Software

Instructions for computers

7

Data

Recorded facts or figures

8

Procedures

Instructions for humans

Instructions or processes that you follow to achieve your desired objective

9

People

Includes those who operate and service the computers, those who maintain the data, those who support networks, and those who use the system

10

Hardware

Refers to the electronic components and associated gadgetry that constitute a computer system

11

Real world examples: Canvas

Hardware: Students laptops, phones, computers

Software: Stored set of instructions that run on your device, as well as the specific program that the university has licensed to provide the service

Data: Stored on servers, includes student ID numbers, enrollment dates, answers to test questions

People: Well, that is you boi

12

Management Information Systems definition (MIS)

Information systems that help businesses achieve their goals and objectives

13

The definition of MIS has three key elements

1) development and use,
2) information systems,
3) and goals and objectives

14

Achieving Business Goals and Objectives

First, because all businesses are organizations but not all organizations are businesses, information systems are found in almost every type of enterprise, social, and nonprofit organization, as well as all levels of government.

15

Information Technology (IT) (not IS)

The products, methods, inventions, and standards that are used for the purpose of producing information

-Refers to raw technology and concerns only the hardware, software, and data components of an information system and how they are networked together

16

IT vs IS

IT, by itself, will not help an organization achieve its goals and objectives. It is only when IT is embedded into an IS—that is, only when the technology within the hardware, software, and data is combined with the people and procedure components—that IT becomes useful.

17

Information and Communications Technology (ICT) sector

Provides products and services that other industries reply on to get their work done

18

Information systems are Very important to our ______

Economy

19

Based on the Information and Communications Technology (ICT) sector numbers, we can see that:

There will likely be more jobs in the future termed "service" industries
-these will improve business processes rather than mainly produce products
-Due to the raising GDP and Growth

20

Business professionals need to expand their knowledge of mobile devices and applications that include project management software

(e.g., Microsoft Project, OpenProject), business graphics (e.g., MS Visio, SmartDraw), and collaborative systems, such as Google Docs

21

The report identifies five key transformative technologies, Virtual and Augmented reality, 5G Mobile, 3D Printing, Blockchain, and Artificial Intelligence that join social media, mobile computing, applications, analytics, and cloud technology as major shapers of things to come.

Case you need this

22

According to the ICTC, there will be a rather dramatic need for individuals with a core set of skills, including the following:

Technical skills

Specific technology and industry experience

Satisfactory communication and other business skills

23

Moore's law

Gordon Moore

Stating that a number of transistors per square inch on an integrated chip doubles every 18 months
-Held true for more than 40 years now

24

SSS Framework

Business Strategy
Information Systems Strategy
Organizing Structure Strategy