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13 Terms
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Information Technology (IT)
Technology that includes tools, hardware, software, and networks.
2
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Information Systems (IS)
IT combined with people, processes, and structure.
3
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Data
Codified raw facts recorded digitally as letters and numbers.
4
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Information
Processed, structured, or given meaning data that is interpretable.
5
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Information Literacy
The ability to recognize information as an essential managerial skill.
6
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Business Process
A set of coordinated activities that lead to a specific goal or outcome.
7
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System
Interconnected components processing inputs into outputs to achieve a goal.
8
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Characteristics of a System
Goal-oriented and interrelated components working together.
9
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IS Processing Cycle
Includes input (data collection), processing (data transformation), storage (data retention), output (usable information), and control (ensuring accuracy).
10
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Elements of Information Systems (IS)
Includes data, hardware, software, communication media, procedures, and people.
11
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Open Systems
Interact with their environment, exchanging information and adapting to changes.
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Closed Systems
Operate in isolation with minimal external interaction.
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Feedback & Control
Ensuring proper IS operation, often using feedback loops.
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