100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Modules 1 & 2 for Applications of Information Technology for Business $7.49
Add to cart

Study guide

Modules 1 & 2 for Applications of Information Technology for Business

 108 views  0 purchase
  • Course
  • Institution
  • Book

This document is a perfect study guide for midterms 1 & 2 which were tricky, and all of this information will be helpful for the two exams. This will also help towards the final, and it is well structured with useful graphs and examples to help you understand concepts more thoroughly if you're curr...

[Show more]

Preview 3 out of 21  pages

  • March 19, 2019
  • 21
  • 2018/2019
  • Study guide
avatar-seller
Info Tech for Business

Umar Ruhi : umar.ruhi@uottawa.ca OH: Wed 3:30-5 (Dms 6148)
1) January 7
- What is an information system?
• Purpose: To provide accurate, timely and useful information
- each element must be present and all of the elements must work together
- An information system consists of FIVE PARTS including:
• People
• procedures
• software
• hardware
• data
- Information system (IS) = IT plus procedures and people that produce & utilize
information
• IT = hardware + software + data
- products
- methods
- inventions
- standards
- Avoid a common Mistake
• do not try to buy an IS; you cannot do it
• you can buy IT
- buy or lease hardware, license programs and databases, even obtain
predesigned procedures. Ultimately, people execute those procedures to employ
that new IT.
• Any new system requires training tasks, overcoming employees’ resistance to
change, and managing employees as they utilize new system.
- Information Systems aid the Decision-Making Process
• Improve productivity

1

, • Monitor organizational performance
• planning and decision-making
• enhance competitive advantage
- Information system:
• Set of interrelated components
• Collect, process, store, and distribute information
• Support decision-making, coordination, and control
- Data versus Information
• Data are streams of raw facts
• Information is data shaped into meaningful form
- Example: Raw data from a supermarket checkout counter can be processed and
organized to produce meaningful information such as the total unit sales of dish
detergent or the total sales revenue from dish detergent for a specific store or
sales territory




- Three core activities of information systems
• Input: captures raw data from organization or external environment
• Processing: Converts raw data into meaningful form

2

, • Output: Transfers processed information to people or activities that use it
- Advanced information systems also incorporate one additional functionality
• Feedback:
- Output returned to appropriate members of organization to help evaluate or
correct input stage
- It is important to remember that these functionalities are not limited to
technologies:
• Can you think of these actives in management context?
- Information Systems > Technology
- Technology = Information systems
• using information systems effectively requires an understanding of the organization,
management, and information technology shaping the systems. An information
system creates value for the firm as an organizational and management solution to
challenges posted by the environment
- Management Information Systems & Analytics
• MIS: study of people, technology, and organizations
• Analytics: Tools & Techniques for Data-driven decision making
- Benefits of an MIS education for a management student:
• In todays workplace, it is imperative that IS work effectively and reliably
• IS managers DO NOT only work with the IT dept.:
- IS will be part of your job in other business functions such as marketing,
operations, HR, finance, accounting etc.
• As an IS manager for your business function, you will play a vital role in the
implementation and administration of technology within your divisions and for the
benefit of your organization
- You will plan, coordinate, and direct research on computer-related activities of
firms
- You will consult with other managers, help determine the goals of an organization
and then implement technology to meet those goals
- You will coordinate with pertinent people about the technical aspects such as
software development, network security, and internet operations




3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller anjanell. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

56326 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.49
  • (0)
Add to cart
Added