Information Systems Overview

A set of flashcards covering key terms and definitions related to information systems.

Information System (IS)

A set of interrelated components working together to collect, process, store, and disseminate information.

Cost Leadership

Providing the same value as competitors but at a lower price.

Differentiation

Charging higher prices for providing products that customers perceive as being better.

Focus Strategy

Understanding and servicing a target market better than competitors.

Leavitt’s Diamond model

A model used to introduce new systems into the workplace, focusing on people, technology, processes, and structure.

Technology Infrastructure

Includes all hardware, software, databases, networks, facilities, and third-party services required to meet the needs of stakeholders.

Process

A structured set of related activities that takes input, adds value, and creates an output.

Value Chain

A series of activities to transform inputs into outputs, increasing the value of the input.

Supply Chain

Processes required to get the right product/service into the right customer’s hands at the right time and cost.

Strategic Planning

A process that helps leaders identify initiatives and projects to achieve organizational objectives.

Information System Specialist

A professional who designs and builds IT solutions, possessing skills in data analysis, programming, project management, and networking.

Chief Information Officer (CIO)

An executive who manages the IS department’s equipment and personnel to achieve organizational goals.

Software Developer

A professional who designs and develops computer programs, including operating systems.

Information Systems Security Analyst

Plans, designs, and maintains security for systems and data.

Systems Analyst

Consults with management and users to define requirements for new information systems.

Web Developer

Designs and maintains websites, monitoring performance and capacity.

Data Science Analyst

Assembles and analyzes data to derive insights that can improve business outcomes.

Business Analyst

Responsible for improving a company's competitiveness and performance through analysis and recommendations.