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    Introduction To Information Systems: IT Applications in Management, 2012

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    Rajiv Pani
    Information systems are used in almost every profession to improve efficiency and competitiveness. An information system combines people, processes, hardware, software and data to collect, store, transform and disseminate information. Data are raw facts while information adds value by organizing data into relationships. Knowledge arises from understanding and applying information. The value of an information system depends on how well it helps decision-makers achieve organizational goals.

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    Introduction To Information Systems: IT Applications in Management, 2012

    Uploaded by

    Rajiv Pani
    17 views17 pages
    Information systems are used in almost every profession to improve efficiency and competitiveness. An information system combines people, processes, hardware, software and data to collect, store, transform and disseminate information. Data are raw facts while information adds value by organizing data into relationships. Knowledge arises from understanding and applying information. The value of an information system depends on how well it helps decision-makers achieve organizational goals.

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    Lecture 1

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    Information systems are used in almost every profession to improve efficiency and competitiveness. An information system combines people, processes, hardware, software and data to collect, store, transform and disseminate information. Data are raw facts while information adds value by organizing data into relationships. Knowledge arises from understanding and applying information. The value of an information system depends on how well it helps decision-makers achieve organizational goals.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    17 views17 pages

    Introduction To Information Systems: IT Applications in Management, 2012

    Uploaded by

    Rajiv Pani
    Information systems are used in almost every profession to improve efficiency and competitiveness. An information system combines people, processes, hardware, software and data to collect, store, transform and disseminate information. Data are raw facts while information adds value by organizing data into relationships. Knowledge arises from understanding and applying information. The value of an information system depends on how well it helps decision-makers achieve organizational goals.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 17

    Introduction to Information systems

    IT Applications in Management, 2012

    Learning Objectives
    1.

    To know why knowledge of information systems is important for business professionals The value of information is directly linked to how it helps decision makers achieve the organizations goals

    2.

    Distinguish data from information and describe the characteristics used to evaluate the quality of data

    Why Study Information Systems?

    Information systems are used in almost every imaginable profession.

    Sales person: To advertise products, communicate with customers, and analyze sales trends. Corporate Lawyers: To develop contracts and other legal documents. Managers: To make all kinds of business decisions And so on

    Why Study Information Systems?

    Information technology can help all kinds of businesses


    improve the efficiency and effectiveness of their business processes, managerial decision making, and workgroup collaboration and thus strengthening their competitive positions in a rapidly changing marketplace.

    Internet-based information technologies and systems are fast becoming a necessary ingredient for business success in todays dynamic global environment Information technologies are playing an expanding role in business.

    What is an Information System?


    Any organized combination of people, procedure, hardware, software, communications networks, and data resources that collect, stores, transforms, and disseminates information in an organization.

    Examples:

    ATMs, airline reservation systems, course reservation systems, retail, banking, investment firm etc.

    Information Concepts

    Information is one of an organizations most valuable resources Information is different from data

    Data, Information, and Knowledge


    Data: raw facts , represents real world things Types of data:

    Data, Information, and Knowledge

    Information: collection of facts organized in such a way that they have additional value beyond the facts themselves Rules and relationships can be set up to organize data into useful, valuable information The type of information created depends on the relationships defined among existing data.

    Data, Information, and Knowledge

    Process: a set of logically related tasks performed to achieve a defined outcome.

    Data, Information, and Knowledge

    Knowledge: awareness and understanding of a set of information and ways that information can be made useful to support a specific task or reach a decision

    Knowledge workers: people who create, use and disseminate knowledge

    10

    The Characteristics of Valuable Information

    11

    The Characteristics of Valuable Information

    12

    The Value of Information

    Value of information is directly linked to how it helps decision makers achieve their organizations goals For example, value of information might be measured in:

    Time required to make a decision Increased profits to company

    13

    Manual and Computerized Information Systems

    An information system can be:


    Manual Computerized

    14

    Computer-Based Information Systems

    Computer-based information system (CBIS)

    A single set of hardware, software, databases, telecommunications, people, and procedures that are configured to collect, manipulate, store, and process data into information

    15

    Computer-Based Information Systems

    The Components of a Computer-Based Information System

    16

    Summary

    Data: raw facts Information: collection of facts organized in such a way that they have value beyond the facts themselves Computer-based information system (CBIS): a single set of hardware, software, databases, telecommunications, people, and procedures that are configured to collect, manipulate, store, and process data into information

    17

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