Chapter Information Systems in Global Business Today

Information system:

• Information system:
• Set of interrelated components
• Collect, process, store, and distribute information
• Support decision making, coordination, and control
• Information vs. data
• Data are streams of raw facts
• Information is data shaped into meaningful form

• Perspectives on Information Systems

• Management Information Systems
• Chapter 1 Information Systems in Global Business Today

• Perspectives on Information Systems

• Management Information Systems
• Chapter 1 Information Systems in Global Business Today

• Raw data from a supermarket checkout counter can be processed and organized to produce meaningful information, such as the total unit sales of dish detergent or the total sales revenue from dish detergent for a specific store or sales territory.

• Figure 1-3

• Data and Information

Information system: Three activities produce information organizations need

• Information system: Three activities produce information organizations need
• Input: Captures raw data from organization or external environment
• Processing: Converts raw data into meaningful form
• Output: Transfers processed information to people or activities that use it

• Perspectives on Information Systems

• Management Information Systems
• Chapter 1 Information Systems in Global Business Today

Feedback:

• Feedback:
• Output returned to appropriate members of organization to help evaluate or correct input stage
• Computer/Computer program vs. information system
• Computers and software are technical foundation and tools, similar to the material and tools used to build a house

• Perspectives on Information Systems

• Management Information Systems
• Chapter 1 Information Systems in Global Business Today

• Perspectives on Information Systems

• Management Information Systems
• Chapter 1 Information Systems in Global Business Today

• An information system contains information about an organization and its surrounding environment. Three basic activities—input, processing, and output—produce the information organizations need. Feedback is output returned to appropriate people or activities in the organization to evaluate and refine the input. Environmental actors, such as customers, suppliers, competitors, stockholders, and regulatory agencies, interact with the organization and its information systems.

• Figure 1-4

• Functions of an Information System

• Perspectives on Information Systems

• Management Information Systems
• Chapter 1 Information Systems in Global Business Today

• Using information systems effectively requires an understanding of the organization, management, and information technology shaping the systems. An information system creates value for the firm as an organizational and management solution to challenges posed by the environment.

• Figure 1-5

• Information Systems Are More Than Computers