COMSCI2100 - INFO MANAGEMENT - M1

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58 Terms

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Information Management

It refers to a systematic handling of information to ensure accuracy, security, and accessibility. Involves people, processes, and technology.

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People

A component of IM:
Users, managers, IT Staff.

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Processes

A component of IM:
Data collection, storage, sharing.

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Technology

Databases, cloud platforms, software.

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Information Systems

It integrates people, processes, and technology to manage data.

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Transaction Processing Systems (TPS)

A type of IS that handles daily transactions. (e.g., sales and purchases).

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Management Information Systems (MIS)

A type of IS that provides summary reports for managers.

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Decision Support Systems (DSS)

A type of IS that support complex decision-making (e.g.,

market trends, financial forecasts).

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Enterprise Resource Planning (ERP) Systems

A type of IS that integrates organizational functions. (e.g., finance, human resources, and procurement)

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Knowledge Management Systems (KMS)

A type of IS that manages organizational knowledge.

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Strategic Planning for Information Systems

Which of IM Startegies align with IM with organizational goals.

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Information Governance

Ensure quality and compliance.

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Data Quality Management

Maintain accuracy and reliability.

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Cloud Computing and Information Management

Offers scalable and flexible data access.

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Improved Decision-Making

Accurate and timely information helps leaders make better choices.

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Increased Productivity

− Organized data reduces duplication and saves time.

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Cost Savings

− Efficient systems minimize waste and optimize

resource use.

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Competitive Advantage

− Enables faster responses to market changes and innovation.

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Big Data and Analytics

• Use of massive, complex datasets to uncover patterns, trends, and insights.

• Supports predictive analytics and data-driven decision-making.

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Artificial Intelligence and Machine Learning

• Automates data processing and analysis.

• Enables intelligent systems that learn and adapt over time.

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Internet of Things (IoT)

• Connects physical devices to information systems.

• Enables real-time data collection and monitoring.

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Cloud Computing

• Offers scalable, flexible, and cost-effective data

storage and access.

• Supports remote collaboration and real-time data

sharing

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Information Security

Protects against breaches.

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Ethics in Information Management

Ensures

responsible data use.

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Legal Compliance

- Adhering to laws like the General Data Protection Regulation and the Data Privacy Act.

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Information Lifecycle Management (ILM)

Refers to the process of managing information, ensuring that data is handled properly at every stage to support business needs, compliance, and security.

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  1. Data Creation

  2. Data Storage

  3. Data Retreival

  4. Data Usage

  5. Data Retirement

The ILM has five stages.

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Data Creation

- Information is generated through activities like transactions, surveys, or sensors.

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Data Storage

Data is stored securely in databases, cloud systems, or other repositories.

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Data Retrieval

Authorized users access data using queries, search tools, or reports.

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Data Usage

Data is processed, analyzed, shared, or used for decision making.

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Data Retirement

Outdated or unnecessary data is archived or deleted, often following legal retention policies

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Data

Is a collection of raw facts, figures, or symbols that represent information but have not yet been processed or interpreted.

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  1. Raw

  2. Objective

  3. Quantivative or Qualitative

Characteristics of Data

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Raw

Data is unprocessed and lacks context.

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Objective

Data represents facts, not opinions

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Quantitative or Qualitative

Data can be numbers or descriptions

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Quantitative

Numerical type of

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Qualitative

Descriptive or Categorical type of data

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Structured

Organized in tables or databases

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Unstructured

No predefined format

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Information

Refers to data that is processed and given context.

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Database

An organized collection of data that is stored and accessed electronically, allowing users and applications to efficiently store, retrieve, update, and manage data.

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Structured Storage

- Data in a database is stored in tables with rows and columns.

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Efficient Access

Using a database enables fast searching and querying.

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Data Integrity

Using a database ensures accuracy and consistency.

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Security

Using a database controls access to sensitive data.

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Scalability

Databases can grow with increasing data needs.

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Relational

Types of Database that Makes use of tables with relationships between them

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NoSQL

Types of Database that Handles unstructured or semi-structured data

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Cloud

Type of DB Hosted on cloud platforms

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Distributed

type of db: Data is spread across multiple locations

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Object-oriented

Data is stored as objects

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Database System

A complete system that includes everything needed to manage and use a database effectively.

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Database

- the collection of organized data within the system.

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Database Management System (DBMS) -

software that manages the database.

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users

are people or applications that access and manipulate the data.

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Database Applications

are programs or interfaces that allow users to interact with the DBMS.