100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ISQS 2340 Exam 1 Questions with 100% Correct Answers | Latest Update | Verified $9.69   Add to cart

Exam (elaborations)

ISQS 2340 Exam 1 Questions with 100% Correct Answers | Latest Update | Verified

 10 views  0 purchase
  • Course
  • ISQS 2340
  • Institution
  • ISQS 2340

Classes of Strategic Information Systems - ️️EDP= Electronic Data Processing (automate repetitive task) MIS= Management Information Systems (reports) DSS= Decision Support Systems (predict organizational outcomes) EIS= Executive Information Systems (extension of DSS) Information System - �...

[Show more]

Preview 2 out of 9  pages

  • September 18, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ISQS 2340
  • ISQS 2340
avatar-seller
PatrickKaylian
ISQS 2340 Exam 1
Classes of Strategic Information Systems - ✔️✔️EDP= Electronic Data Processing
(automate repetitive task)
MIS= Management Information Systems (reports)
DSS= Decision Support Systems (predict organizational outcomes)
EIS= Executive Information Systems (extension of DSS)



Information System - ✔️✔️set of interrelated components that collect (input),
manipulate and store (processing), and disseminate (output) data and information as
well as feedback mechanism

Open vs. Closed Systems - ✔️✔️Open- Everyone can use, don't have to have control
of market (interact with other systems)

Why is ISQS important? - ✔️✔️-Important contributor to operational efficiency,
employee productivity, customer service and customer satisfaction.
-supports effective decision making by managers
-vital ingredient in developing competitive products
-dynamic, rewarding, and challenging career
opportunity
-key component of the resources and infrastructure in
today's business enterprises
-major functional area important to business
success

Data - ✔️✔️raw facts, by themselves not useful.

Data processing - ✔️✔️giving context to data and converting data into information

Information - ✔️✔️the interpretation of processed data in order to make better
decisions

Characteristics - ✔️✔️Accurate, complete, economical, flexible, reliable, relevant,
simple, timely, verifiable.

System - ✔️✔️an organized collection of interrelated parts that work together to
achieve a common purpose

Systems have - ✔️✔️-Inputs

, -Processing Mechanism
-Outputs
-Feedback
-Control
A system has an objective, collection of parts, structure, performs a set of functions, and
has a boundary

Subsystem - ✔️✔️Ex: (Of a system) University -> Business school -> Marketing.

Simple vs. Complex Systems - ✔️✔️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.


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


Input - ✔️✔️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

Storage - ✔️✔️involves storing data as well as information

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 Systems - ✔️✔️is an Information System that uses
computer systems, devices and technology

Competitive value of IT lies mostly in the - ✔️✔️capability of software and of people
and the value of information a business acquires and uses

Competitive value of IT does NOT lie as much - ✔️✔️in hardware and networks

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 PatrickKaylian. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.69. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 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
$9.69
  • (0)
  Add to cart