– graphic images and pictures * Audio data – sound‚ noise or tones * Video data – moving images or pictures * Information – collection of facts organized in such a way that they have value beyond the facts themselves. * Knowledge – awareness and understanding of a set of information. Data + | Information | Knowledge | Raw facts and figures‚ by itself‚ tells you nothing. | Data in context‚ so you can answer a question‚ make a decision
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1) Define Information Technology. Describe various types of information systems. Is Information Technology as vital to modern global business as money? Why or why not? Discuss some trends in IT development. Ans: In order to define Information Technology‚ let me define the term information first. By the term "information" we mean data that has been shaped into meaningful form that is useful to human beings. Data‚ in contrast‚ are streams of raw facts representing events occurring in the organization
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A management information system (MIS) provides information that organizations require to manage themselves efficiently and effectivel.Management information systems are typically computer systems used for managing. The five primary components: 1.) Hardware‚ 2.) Software‚ 3.) Data (information for decision making)‚ 4.) Procedures (design‚development and documentation)‚ and 5.) People (individuals‚ groups‚ or organizations). Management information systems are distinct from other information systems
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MANAGEMENT INFORMATION SYSTEMS 8/E Raymond McLeod‚ Jr. and George Schell MANAGEMENT INFORMATION SYSTEMS 8/E Raymond McLeod‚ Jr. and George Schell Unit 1 Introduction to the Computer-Based Information System & Using Information Technology for Competitive Advantage 1-1 Copyright 2001 Prentice-Hall‚ Inc. Copyright 2001 Prentice-Hall‚ Inc. Chapter 1 Introduction to the Computer-Based Information System 1-2 Information Management Five Main Resources Personnel Material Machines
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Concept Note on Management Information System / INFORMATION SHARING SYSTEM I. Background Information systems are both technical and social in nature. Managers must understand the relationship between the technical components of an information system and the structure‚ functions and work culture of. Builders of information systems should consider management objectives and decision-making as well as the impact these systems will have on the well being of the people and society. In this chapter
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Information system is a set of processes and resources working together to gather‚ transform‚ process and store information useful for decision making and control in the organization. A set of interrelated components that collect‚ manipulate‚ store and disseminate data and information and provide a feedback mechanism to meet an objective. Data consists of raw facts‚ such as an employee number‚ total hours worked in a week‚ inventory part numbers or sales orders. As shown in Table 1.1‚ several
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What is MIS? The system concept of MIS is one of optimizing the output of the organisation by connecting the operating subsystems through the medium of information exchange. * The MIS is defined as a system which provides information support for decision-making in the organization. * The MIS is defined as an integrated system of man and machine for providing the information to support the operations‚ the management and the decision-making function in the organization.
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to understand the impact of management information on decision making Definitions of Management Information System: “The study of MIS is not about the use of computers‚ it is about the provision and use of information relevant to the user. Computers are one - albeit important - means of producing information and concentration on the means of production rather than the needs of the user can lead to expensive mistakes." (Lucey [1997] pg 195) “A system to convert data from internal
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CASE STUDIES MANAGEMENT INFORMATION SYSTEMS FOR BUS SAFETY February 2012 Case Studies for Management Information Systems for Bus Safety // 1 Each accredited bus operator must develop its own management information system based on its own operating conditions‚ risks‚ incident history‚ and determined safety objectives. The following case studies are provided as a guide only and are to assist accredited bus operators develop their own management information system. The bus operators
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and definitions of terms. Introduction Despite the vast improvements in information technology‚ computers (on which modern IT is based) cannot as yet‚ take over business management. However‚ management information systems have transformed the effectiveness‚ power and efficiency of management. Based on business management software‚ the proponents looked at surface aspects of how modern management information systems help businesses. The researcher’s saw how computers speed up and improved the
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