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Module 1

Module 1

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Published by Vinay Gurav

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Published by: Vinay Gurav on Nov 01, 2012
Copyright:Attribution Non-commercial

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12/04/2012

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MANAGEMENT INFORMATION SYSTEM
Data
Facts or observationabout physical phenomena orbusiness transactions.
More specifically,dataare objective measurements of 
the attributes of entities such aspeople, place, things &events.
Information
Information is data placed in ameaningful anduseful contextfor an end user.
Information Technology
Hardware, software, telecommunications, DBmanagement, & other information processingtechnologies used in computer-based IS
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System
System is a set of interrelated components, with a clearlydefined boundary, working together to achieve acommonset of objectives.
Information systems
A set of people, procedures, & resources thatcollects,transforms, and disseminatesinformation in an organization.A system that acceptsdata resourcesasinputand processes them intoinformation productsasoutput.
Computer based IS;
An IS that uses computer H/W & S/W to perform itsinformation processing activities.IS can be any organized combination of People, Hardware,Software, Comm. networks, & data recourses thatstores &retrieves, transforms, & disseminatesinformation in anorganization.
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Information Technology in Business
IT includes internet based IS, are playing avital & expanding role in business.IT can help in all kinds of business, toimprove the efficiency & effectiveness of theirbusiness processes, managerial decisionMaking, & workgroup collaboration, thusstrengthening their competitive positions in arapidly changing market place.
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