ISQS Exam 1 (Texas Tech, Delgadillo) Questions and Correct Answers the Latest Update and Recommended Version
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Course
ISQS
Institution
ISQS
Data
→ Raw facts
Information
→ The meaningful interpretation of data that enables us to make decisions.
What makes data = information?
→ It's usefulness!
Characteristics of good information
→ Accurate, complete, economical, flexible, reliable, relevant, simple, timely, verifiable.
S...
→ (Of a system) University -> Business school -> Marketing.
Simple vs. Complex System
→ Simple- Very few elements & components, relationship is simple.
→
→ Complex- A system filled with many simple systems.
→
→ A collection of simple systems is better than one, large complex system.
Open vs. Closed System
→ Open- Everyone can use, don't have to have control of market (interact with other
systems)
→
→ Closed- Exclusive, not adoptable; only if you have control of market (no interaction)
Information Technology
→ Refers to the method, techniques and tools that are used as means to bring about
computer-based information systems.
Information System
→ Is a set of interrelated components
→ that collect (input), manipulate and
→ store (processing), and disseminate
→ (output) data and information as well
→ as a feedback mechanism.
→ Input - is the activity of capturing
→ and gathering raw data.
→
→ Processing - involves converting or
→ transforming raw data into useful
→ output.
Output
→ Involves producing useful
→ information, usually in the form of
→ documents and reports.
Feedback
→ Is output that is used to make
→ adjustments or changes to input or
→ processing activities.
Control
→ Involves monitoring and
→ evaluating feedback.
Computer Based Information System
→ is an Information System that uses computer systems, devices, and technology.
Computer-Based IS Components?!
→ Hardware, Database, Networks, Procedures
→ ***Software, People = KEY!!!!***
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