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Business Information Systems in Your Career

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Question
Answer
An abstraction of what an enterprise is and how the enterprise delivers a product or service, showing how the enterprise creates wealth.   Business model  
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The unique ways in which organizations coordinate and organize work activities, information, and knowledge to produce a product or service.   Business processes  
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Giving proper consideration to the impact of organizational change associated with a new system or alteration of an existing system.   Change management  
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Physical equipment use dfor input, processing, and output activities in an information system.   Computer hardware  
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Knowledge about information technology, focusing on understanding how computer-based technologies work.   Computer literacy  
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Detailed, preprogrammed instructions that control and coordinate the work of computer hardware components in an information system.   Computer software  
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Sustained suspention of judgement with an awareness of multiple perspectives and alternatives.   Critical Thinking  
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Fundamnental set of assumptions, values, and ways of doing things that has been accepted by most members of an organization.   Culture  
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Streams of raw facts representing events occuring in organizations or the physical environment before they have been organized and arranged into a form that people can understand and use.   Data  
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The software that governs the organization of data on physical storage media.   Data management technology  
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Private intranets that are accessible to authorixed outsiders.   Extranets  
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Output that is returned to the appropriate members of the organization to help them evaluate or correct input.   Feedback  
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Data that have been shaped into a form that is meaningful and useful to human beings.   Information  
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Interrelated components working together to collect, process, store, and disseminate information to support decision making, coordination, control, analysis, and visualization in an organization.   Information system (IS)  
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Broad-based understanding of information systems that includes behavioral knowledge about organizations and individuals using information systems as well as technical knowledge about computers.   Information systems literacy  
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Computer hardware, software, data, storage technology, and networks providing a portfolio of shared IT resources for the organization.   Information technology (IT) infrastructure  
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The capture or collection of raw data from within the organization or from its external environment for processing in an information system.   Input  
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Global network of networks using universal standards to connect millions of different networks.   Internet  
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Internal networks based on Internet and World Wide Web technology and standards.   Intranets  
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The study of information systems focusing on their use in business and management.   Management information systems (MIS)  
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The linking of two or more computers to share data or resources, such as printer.   Network  
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Physical devices and software that link various pieces of hardware and transfer data from one physical location to another.   Networking and telecommunications technology  
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The distribution of processed information to the people who will use it or to the activities for which it will be used.   Output  
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The conversion, manipulation, and analysis of raw input into a form that is more meaningful to humans.   Processing  
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A system with universally accepted standards for storing, retrieving, formatting, and displaying information in a networked environment.   World Wide Web  
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Why are businesses investing so much in information systems and technologies?   They do to achieve important business objectives: operational excellence; new products, services, and business models; customer and supplier intimacy; improved decision making; competitive advantage; survival.  
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Information systems are more than just computers   It involves technology, people and organizations.  
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Functions of an information system?   IS contains information about an organization and its surrounding environment. Three basic activities: input, processing, and output.  
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Model of the problem solving process?   Problem identification-->solution design-->solution evaluation and choice--> implementation. Feedback occurs at all levels.  
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What careers will IS affect?   Accounting, Finance, Marketing, Operation Management, Management, Information Systems, Outsourcing and offshoring.  
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