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Exam (elaborations)

MSYS 200 Questions and Answers (100% Pass)

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  • MSYS 200

What is an information system? - A group of components that interact to produce information or achieve a purpose Five-Component Framework - 5 fundamental components of an information system (computer based software): hardware, software, data, procedures, people * in order from si...

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  • November 8, 2024
  • 64
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MSYS 200
  • MSYS 200
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MSYS 200 Questions and Answers
(100% Pass)
What is an information system?


✓ - A group of components that interact to produce information or

achieve a purpose




Five-Component Framework


✓ - 5 fundamental components of an information system (computer

based software):





✓ hardware, software, data, procedures, people



✓ * in order from simplest to most complex




Hardware


✓ electronic components and associated gadgetry that constitute a

computer system (tablet, computer, phone




Software

Master01 | October, 2024/2025 | Latest update

, 1|Page | © copyright 2024/2025 | Grade A+

✓ programs that run or operate on computer systems




Data


✓ basic building blocks of information (facts or observations)




Procedures


✓ instructions or processes that you follow to achieve your desired

objective




People


✓ actors who want to achieve a particular outcome by interacting with

the system




Management Information Systems (MIS


✓ comprise the development and use of information systems that help

businesses achieve their goals and objectives




MIS Key Elements




Master01 | October, 2024/2025 | Latest update

, 1|Page | © copyright 2024/2025 | Grade A+

✓ - Development and use

✓ - Information systems

✓ - Goals and objectives




MIS aids businesses in achieving objectives


✓ o Organizations themselves don't do anything

✓ o People within an organization or business who: sell, buy, design,

produce, finance, market, account, and manage




MIS empowers users to reach goals


✓ o Exist to assist business people

✓ o Need to be developed for right reason




Information Technology (IT)


✓ products, methods, inventions and standards that are used for

producing information

✓ - IT refers to raw technology - only H, S, and Data components




IS compared to IT




Master01 | October, 2024/2025 | Latest update

, 1|Page | © copyright 2024/2025 | Grade A+

✓ - IS includes people

✓ - Including people in the system impacts how you design and

implement systems

✓ - Successful business people take advantage of crucial differences

between IT and IS to improve their systems




How Important Are Information Systems to Our Economy?


✓ - Big benefit to economy - providing many jobs and growth

✓ - Industry Canada categorizes sectors and collects data about them.




Information And Communications Technology (ICT) sector


✓ provides products and services that other industries rely on to get their

work done - most closely related to use of IS in Canada

✓ - Help people more effectively use IS

✓ - sector provides products, services that other industries rely on

✓ - Includes companies involved in software, computer services, cable,

program distributors, telecommunications, manufacturing, wholesaling




Consumers are accustomed to yearly advances in




Master01 | October, 2024/2025 | Latest update

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