ISTM – 209

What is information system?

Study Guide

By: Jake White

Introduction: 

The Management Information Systems (MIS) plays a huge role in business  today. Most businesses revolve around it, actually. Everyday people in the business  world are finding new ways to connect with other people, find new ways to portray  information, and find easier ways to do the most tedious tasks.  

MIS is an amazing tool that allows its user(s) to accomplish each of these  tasks in their own way. There many different MIS tools out there, each one different  but having similar functions. It depends on the user’s understanding of the  technology and business they plan to implement it into.

Main Points: 

New in MIS –

- New Technologies:

o Cloud Computing/Software as a service

What are the role of people and organizations?

o Big Data

o Mobile Digital Platform We also discuss several other topics like What is behavioral theory?

- Management:

o Managers use social networks to collaborate.

o Business Applications accelerate Intelligence.

o Allow for virtual meetings

- Organizations:

o Teleworking gains momentum

o Social Business

o Allows for collaboration of firms

Businesses Invest in Information Technology to achieve 6 important  objectives:

- Operational Excellence

- Survival  We also discuss several other topics like What is performed to achieve behavior modification?

- Improved Decision Making

- Customer and Supplier Intimacy  

- New Products, services, and business models

- Competitive Advantages

What is Information System?:

What data mean?

- Information Technology:

o Hardware and software businesses use to achieve goals.

- Information System:  

o Related Components that manage information:

 Support control and decision making

 Help analysis, product creation, and visualization

- Data:  

o Mass amounts of raw facts.

- Information:

o Data that can be transferred into a useful form.

Role of People and Organizations:

- Information Systems Literacy:

o Behavioral and Technical approach to Information Systems - Computer Literacy:

o Knowledge of Information Technology  

- Management Information Systems:

o Wider Information Systems Literacy

o Problems that are dealt with by managers and employees in  development of MIS.

Four Problem-Solving Steps (Works in Business World as Well):

- Problem Identification: Don't forget about the age old question of What is dobzhansky?
We also discuss several other topics like What term is used to describe the expected number of years of full health remaining at a given age, such as birth?
Don't forget about the age old question of What molecules does the endocrine system release?

o Cause of Problem

o Admitting there is a Problem

- Solution Design:

o Consider as many solutions as possible because there are  many solutions to the problems and narrowing your spectrum can greatly increase the fail rate of finding an effective  

solution.

- Choice :

o How much the solution will cost

o How much time is needed to effectively implement solution - Implementation:

o Building solution

o Testing solution

o Feedback

 FEEDBACK

Problem  

Identification

Implementati

on

Choice

Solution  Design

ISTM – 209

Study Guide

By: Jake White

Introduction: Don't forget about the age old question of According to hayek, what is responsible for great economic development?

The Management Information Systems (MIS) plays a huge role in business  today. Most businesses revolve around it, actually. Everyday people in the business  world are finding new ways to connect with other people, find new ways to portray  information, and find easier ways to do the most tedious tasks.  

MIS is an amazing tool that allows its user(s) to accomplish each of these  tasks in their own way. There many different MIS tools out there, each one different  but having similar functions. It depends on the user’s understanding of the  technology and business they plan to implement it into.

Main Points: 

New in MIS –

- New Technologies:

o Cloud Computing/Software as a service

o Big Data

o Mobile Digital Platform

- Management:

o Managers use social networks to collaborate.

o Business Applications accelerate Intelligence.

o Allow for virtual meetings

- Organizations:

o Teleworking gains momentum

o Social Business

o Allows for collaboration of firms

Businesses Invest in Information Technology to achieve 6 important  objectives:

- Operational Excellence

- Survival  

- Improved Decision Making

- Customer and Supplier Intimacy  

- New Products, services, and business models

- Competitive Advantages

What is Information System?:

- Information Technology:

o Hardware and software businesses use to achieve goals.

- Information System:  

o Related Components that manage information:

 Support control and decision making

 Help analysis, product creation, and visualization

- Data:  

o Mass amounts of raw facts.

- Information:

o Data that can be transferred into a useful form.

Role of People and Organizations:

- Information Systems Literacy:

o Behavioral and Technical approach to Information Systems - Computer Literacy:

o Knowledge of Information Technology  

- Management Information Systems:

o Wider Information Systems Literacy

o Problems that are dealt with by managers and employees in  development of MIS.

Four Problem-Solving Steps (Works in Business World as Well):

- Problem Identification:

o Cause of Problem

o Admitting there is a Problem

- Solution Design:

o Consider as many solutions as possible because there are  many solutions to the problems and narrowing your spectrum can greatly increase the fail rate of finding an effective  

solution.

- Choice :

o How much the solution will cost

o How much time is needed to effectively implement solution - Implementation:

o Building solution

o Testing solution

o Feedback

 FEEDBACK

Problem  

Identification

Implementati

on

Choice

Solution  Design