ISQS 2340 Exam 1
Importance of Information Systems (IS) - Contributes to Operational Efficiency: ️
Enhances employee productivity, customer service, and satisfaction. - Supports Decision-Making: ️
Aids managers in making informed choices. - Develops Competitive Products: ️
Essen...
Enhances employee productivity, customer service, and satisfaction.
- Supports Decision-Making: ✔️
Aids managers in making informed choices.
- Develops Competitive Products: ✔️
Essential for creating competitive advantages in the market.
- Career Opportunities: ✔️
Offers a dynamic and rewarding career path.
- Key Resource in Business: ✔️
Vital component of modern business infrastructure.
- Functional Area of Success: ✔️
Critical for overall business success.
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Data
- Data: ✔️
Raw facts that, by themselves, are not useful.
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Data Processing
- Data Processing: ✔️
Adding context to data and converting it into useful information.
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Information
- Information: ✔️
Processed data interpreted to assist in decision-making.
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Characteristics of Information
- Accurate
- Complete
- Economical
- Flexible
- Reliable
- Relevant
- Simple
- Timely
- Verifiable ✔️
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System
, - System: ✔️
An organized collection of interrelated parts working together to achieve a common goal.
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Components of a System
- Inputs
- Processing Mechanism
- Outputs
- Feedback
- Control ✔️
- A system has objectives, a structure, and performs functions within boundaries.
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Subsystem
- Subsystem Example: ✔️
University → Business School → Marketing.
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Simple vs. Complex Systems
- Simple Systems: ✔️
Few elements with simple relationships.
- Complex Systems: ✔️
Composed of many simple systems.
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