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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

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  • Course
  • ISQS 2340
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  • 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 - �...

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  • September 18, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ISQS 2340
  • ISQS 2340
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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

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