Chapter 1

Management Information Systems (MIS)

The management and use of information systems to help organizations achieve their strategies.

Proactive Problem-Solving

The expectation for employees to independently identify problems and develop innovative solutions.

Teamwork and Collaboration

The process of actively engaging with others to refine and improve ideas.

Digital Revolution

The transition from mechanical and analog to digital devices which began in the 1970s.

Moore's Law

The observation that the number of transistors per square inch on integrated circuits doubles approximately every 18 months.

Metcalfe's Law

The principle that the value of a network is proportional to the square of the number of users connected to it.

Kryder’s Law

The prediction that storage density on magnetic disks is increasing at an exponential rate.

Abstract Reasoning

The ability to understand complex concepts and make connections between them.

Systems Thinking

Understanding how different parts of a system interact and influence one another.

Information vs. Data

Information is knowledge derived from data, while data are recorded facts or figures.

Information Age

A period in history where the production, distribution, and control of information are predominant.

Performance Expectations

The requirement for employees to meet strategic goals through effective results, not just hard work.

Communication and Feedback

The importance of sharing ideas and receiving input from others for improved outcomes.

Five-Component Model

An analytical framework consisting of hardware, software, data, procedures, and people that interact to produce information.