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describes how a company produces, delivers, and sells a product or service to create wealth |
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Information Technology (IT) |
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all hardware and software that a firm needs to use in order to achieve its business objectives |
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a set of interrelated components that collect (or retrieve), process, store and distribute information to support decision making and control in an organization |
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data that have been shaped into a form that is meaningful and useful to humans |
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streams of raw facts representing events occurring in organizations or the physical enviornment before they have been organized and arranged into a form that people can understand and use |
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captures or collects raw data from within the organization or from its external enviornment |
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converts this raw input into a meaningful form |
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transfers the processed information to the people who will use it or to the activities for which it will be used |
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output that is retuned to appropriate members of the organization to help them evaluate or correct the input stage |
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information systems literacy |
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behavioral as well as a technical approach to studying information systems |
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knowledge of information technology |
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management information systems |
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tries to achieve this broader information systems literacy. it deals with behavioral issues as well as technical issues surrounding the development, use and impact of information systems used by managers and employees in the firm |
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an organization accomplishes and coordinates work through this structured hierarchy. logically related tasks and behaviors for accomplishing work. ex:developing a new product, fulfilling an order, or hiring a new employee |
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fundamental set of assumptions, values, and ways of doing things that has been accepted by most of its members |
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physical equipment used for input, processing, and output activities in an information system |
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detailed, preprogrammed instructions that control and coordinate the computer hardware components in an information system |
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data management technology |
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consists of the software governing the organization of data on physical storage media |
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networking and telecommunications technology |
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consisting of both physical devices and software, links the various pieces of hardware and transfers data from on physical location to another |
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links two or more coputers to share data or resources, such as a printer |
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global "network of networks" that uses universal standards to connect millions of different networks with more than 350million host computers in over 200 countries around the world |
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internal corporate networks based on internet technology |
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private intranets extended to authorized users outside the organization |
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service provided by the internet that uses universally accepted standards for storing, retrieving, formatting, and displaying information in a page format on the internet |
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information technology infrastrucuture |
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provides the foundation on which the firm can build its specific information systems |
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refers to the many techniques used to bring about successful change in a business |
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can be briefly defined as the sustained suspension of judgment with an awareness of multiple perspectives and alternatives |
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