Class Notes (922,431)
CA (542,813)
UTSC (32,897)
MGT (624)
MGTA02H3 (149)
Lecture

Chapter 3 - Study guide

4 Pages
101 Views

Department
Management (MGT)
Course Code
MGTA02H3
Professor
Chris Bovaird

This preview shows page 1. Sign up to view the full 4 pages of the document.
Chapter 3
Information Manager: is responsible for the activities needed to generate,
analyze, and disseminate information that a company needs to make good decisions
Information Management: an internal operation that arranges the firms
information resources to business performance and outcomes
Data: raw facts and figures
lacks analysis
lacks context
useless on its own
Information: a meaningful, useful interpretation of data
Knowledge: Through education and experience, the use of information to make
decisions
Management Information Systems: Systems that allow managers to record and
store data, and to analyze and use data to obtain information and acquire
knowledge
Information System (IS): an organized method of transforming data into
information that can be used for decision making
assemble data
analyze data to create information
distribute information
allow humans to acquire knowledge
at all levels, information quality depends on an organizations technological
resources and on the people who manage them
the widening role of IS results from rapid developments in electronic
technologies that allow faster and broader flows of information and
communication
basic change in organization is an increased interdependence between a
companys business strategy and it IS
www.notesolution.com

Loved by over 2.2 million students

Over 90% improved by at least one letter grade.

Leah — University of Toronto

OneClass has been such a huge help in my studies at UofT especially since I am a transfer student. OneClass is the study buddy I never had before and definitely gives me the extra push to get from a B to an A!

Leah — University of Toronto
Saarim — University of Michigan

Balancing social life With academics can be difficult, that is why I'm so glad that OneClass is out there where I can find the top notes for all of my classes. Now I can be the all-star student I want to be.

Saarim — University of Michigan
Jenna — University of Wisconsin

As a college student living on a college budget, I love how easy it is to earn gift cards just by submitting my notes.

Jenna — University of Wisconsin
Anne — University of California

OneClass has allowed me to catch up with my most difficult course! #lifesaver

Anne — University of California
Description
Chapter 3 Information Manager: is responsible for the activities needed to generate, analyze, and disseminate information that a company needs to make good decisions Information Management: an internal operation that arranges the firms information resources to business performance and outcomes Data: raw facts and figures lacks analysis lacks context useless on its own Information: a meaningful, useful interpretation of data Knowledge: Through education and experience, the use of information to make decisions Management Information Systems: Systems that allow managers to record and store data, and to analyze and use data to obtain information and acquire knowledge Information System (IS): an organized method of transforming data into information that can be used for decision making assemble data analyze data to create information distribute information allow humans to acquire knowledge at all levels, information quality depends on an organizations technological resources and on the people who manage them the widening role of IS results from rapid developments in electronic technologies that allow faster and broader flows of information and communication basic change in organization is an increased interdependence between a companys business strategy and it IS www.notesolution.com
More Less
Unlock Document


Only page 1 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


OR

Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit