COIS 1620 Lecture 9: WEEK 9 LEC NOTES

• School: Trent University
• Department: Computing & Information Systems
• Course: COIS 1620
• Professor: Patrick Brian

Document Summary

The use of information systems to gather and analyze data and information from internal and external sources to in order to make better business decisions. Getting the right information to the right people at the right time . Responding to threats and opportunities: globalization, new markets. Increased competition: greater consumer awareness, more complex government regulations and reporting. Effective planning is continuous: traditional approa(cid:272)h is (cid:862)(cid:271)a(cid:272)kward looking(cid:863) (cid:271)e(cid:272)ause it typi(cid:272)ally relies on historical data instead of current conditions and forecasts the future trends. Manage plan monitor analyze (repeat) Databases- provide inputs to business intelligence applications and web pages. Store information on customers, products, suppliers, employees et(cid:272). it"s the foundation of business intelligence. Database concepts: a database is a collection of related attributes about entities, a database management system (dbms) is a software application which allows one to create , store, organize . Advantages of a database: program-data independence, minimal data redundancy.