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Test 1
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What is IS?
Information System
a system that collects data, processes it and gives useful information to help run a business.
5 main components?
Hardware
Software
Data
Processes
People
Physical devices (computer, printer, phone)
Programs that tell hardware what to do (Windows, inventory system)
Raw facts stored in database tables (student name, price, salary)
Steps / procedures on how work is done (steps to order item)
Stakeholders : People who have an interest in an information system (users, IT staff, managers)
Management Information System (MIS) ?
system that produces reports for managers to monitor daily business
used mostly by middle managers
focus on summary, routine & structured information
Example for MIS?
sales report per month
attendance report
Purpose for MIS ?
know what’s going on in company
control operation
Decision Support System (DSS) ?
system that helps make decisions, not just reports.
used mostly by managers when situation is not a routine, need analysis and “what if”.
Features for DSS ?
can change number and see result
use charts, models, forecasting
Example for DSS ?
choose location for new company
comparing loan options