Term
What is an information system? |
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Definition
An information system is a group of components that interact to produce information. |
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Term
What are the five components present in every information system? |
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Definition
1. Computer hardware
2. Computer software
3. Data
4. Procedures
5. People |
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Term
Define management information systems. |
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Definition
Management information systems, or MIS, is the development and use of information systems that help businesses achieve their goals and objectives. |
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Term
What is the difference between IT and IS? |
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Definition
IT, or information technology, refers to methods, inventions, standards, and products, and concerns only the hardware software and data components of an info system. IS is IT plus people and procedures. |
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Term
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Definition
| Moore's Law states that the number of transistors per square inch on an integrated ship doubles every 18 months. This means the price of technology is always falling while performance increases. |
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Term
List the characteristics of a strong password. |
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Definition
1. 7 or more characters
2. Does not contain your name
3. Does not contain a real word
4. Different from your other passwords
5. Contains upper/lower case letters, numbers, and characters. |
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Term
What is a business process? |
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Definition
A network of activities, resources, facilities and information that interact to achieve some business function. Sometimes called a business system. |
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Term
List the components of a business process. |
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Definition
1. Activities
2. Resources
3. Facilities
4. Information |
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Term
How do activities affect the business process? |
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Definition
Activities transform resources and information of one type into resources and information of another type. |
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Term
How do resources affect the business process? |
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Definition
Resources are items of value in the business process. |
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Term
How do facilities relate to the business process? |
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Definition
Facilities are the structures used within the business process, such as inventories and databases. |
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Term
How does information relate to business systems? |
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Definition
Information is knowledge derived from data presented in a meaningful complex. |
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Term
Define the characteristics of good information. |
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Definition
1. Accurate
2. Timely
3. Relevant (to context and subject)
4. Sufficient
5. Worth its cost
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Term
What is an automated system? |
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Definition
This is a system that utilizes mainly hardware, software, and data to achieve its goals. |
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Term
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Definition
This is a system that uses mainly data, procedures, and people to achieve its goals. |
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Term
Explain Porter's Five Forces Model |
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Definition
This is a model used to assess industry structure. It includes bargaining power of customers, threat of substitutions, bargaining power of suppliers, threat of new entrants, and rivalry among existing firms
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