Summary
Summary Management Information System ch 1 - BUAN 132
This document summarizes ch 1 of the Management Information Systems textbook easily condensing the chapter and leading to easier studying of the material.
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Ch1
Information
Systems
in
Global
Business
Today
Processes:
IPOC
Activities
of
IS
that
produce
Information? -
Input
:
captures
or
collects
raw
data
within the
organization -
Processing:
converts
this
raw
input
into
a meaningful
form,
something
useable -
Output:
transfers
the
processed
info
to
the people
who
will
use
it
or
distribution -
Feedback:
output
that
is
returned
to
the appropriate
members
of
the
organization
to help
them
evaluate
or
correct
input
Business
information
value
chain Information
systems
are
part
of
a
series
of value-adding
activities,
the
primary
purpose
why systems
are
built
is
to
contribute
corporate
value. The
value
chain
is
raw
information
that
is systemically
acquired
and
then
transformed through
various
stages
that
add
value.
Key
words:
computer
hardware,
computer software Situation:
Input
:
data
from
employee
records
and financial
transactions,
customer
info,
etc, keyboard
used
to
input
Processing:
computer
providing
meaningful information
like
items
sold
in
a
particular
store shelf
on
a
specific
day
(what
you
see
is
what you
get);
other
examples
information
videos (processed
data–information)
Output:
test,
images,
visual
representation
of processed
data,
speaker
for
audio
provided
by computer
after
processing
(outlet)
Feedback:
worker
getting
output
and
having
to refine
or
correct
input
Ex:
information
systems
for
analyzing
a supermarket
checkout
can
increase
firm profitability
Functions:
Business
processes:
set
of
logically
related
tasks and
behaviors
that
organizations
develop
over time
Key
Corporate
Assets -
Intellectual
property
Ex:
1.
Developing
a
new
product 2.
Generating
and
fulfilling
an
order 3.
Creating
a
marketing
plan 4.
Hiring
an
employee
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