Class Notes (997,951)
CA (575,370)
UTSG (49,660)
Rotman Commerce (1,214)
RSM100Y1 (287)
Lecture

RSM100Y1 Lecture Notes - Page Layout

5 Pages
58 Views
Winter 2011

Department
Rotman Commerce
Course Code
RSM100Y1
Professor
Michael Szlachta

This preview shows pages 1-2. Sign up to view the full 5 pages of the document.
Information Management
1. Information managers: the manager responsible for the activities needed
to generate, analyze, and disseminate information that a company needs to
make good decisions.
2. Information Management: an internal operation that arranges the firm's
information resources to support business performance and outcome.
3. Data: raw facts and figures
4. Information: a meaningful, useful interpretation of data.
5. Information System (IS): an organized method of transforming data into
information that can be used for decision making.
oIS managers gather relevant data, convert it to information, and give
information to the people that need them.
Analyze management control and planning problems.
The choice of a business strategy requires an information system that
can support that strategy.
Key Users of Information Systems
6. Top Managers: need info to carry out long-range planning for the entire
organization, to asses the business environment, and to improve overall company
performance.
7. Middle Managers: need summaries and analyses for setting intermediate and long0-
range goals for the department or projects under their supervision.
8. First Line Managers: need info to oversee the day-to-day details of their departments
or projects.
9. Knowledge Workers: need special info for conducting technical projects.
www.notesolution.com
Types of Information Systems
10. Transaction Processing Systems (TPS): applications of information processing
for basic day-to-day business transactions, usually involves the same steps.
oCustomer order taking
oReceiving and confirming reservations
11. System Operations Personnel: people who run a company's equipment
oMake sure programs run in correct sequence
oRun company's computer equipment
12. Computer-aided Design (CAD): computer analysis and graphics programs that
are sued to create new products.
oSimulates the real product
oDisplay products in 3D graphics
13. Computer-Aided Manufacturing: computer systems used to design and control
all the equipment and tools for producing goods
14. Computer Operations Control: any system for managing the day-to-day
production activities for either goods or service production.
15. Management Information Systems (MIS): systems that support an
organization's managers by providing reports, schedules, plans, and budgets.
oMiddle managers are the largest MIS user
16. Decision Support System (DSS): an interactive system that locates and presents
information needed to support the decision-making process.
17. Executive Support System (ESS): a quick-reference, easy-access application of
information systems specially designed for upper-level managers.
oContains industry reports, global economic forecasts, and reports on
competitors.
18. Artificial Intelligence (AI): the development of computer systems to imitate
human thought and behavior.
oComputer systems can learn repetitive tasks or remember the causes of past
mistakes.
oExpert System: a form of artificial intelligence in which a program draws on
the rules an expert in a given field has laid out to arrive at a solution for a
problem.
Information Technology
19. the various devices for creating, storing, exchanging, and using information in
diverse models, including visual images, voice, multimedia, and business data.
oEx. Blackberry Phone
Information Technology and Organizational Processes
20.With internet, companies that are scattered throughout the globe can easily
coordinate orders of goods together.
21. There is a faster transfer of information, thus saving time.
22.Increased collaboration allowed companies to suite the needs of their employees and
consumers.
23.IT simplified international collaboration.
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
Information Management 1. Information managers: the manager responsible for the activities needed to generate, analyze, and disseminate information that a company needs to make good decisions. 2. Information Management: an internal operation that arranges the firms information resources to support business performance and outcome. 3. Data: raw facts and figures 4. Information: a meaningful, useful interpretation of data. 5. Information System (IS): an organized method of transforming data into information that can be used for decision making. o IS managers gather relevant data, convert it to information, and give information to the people that need them. Analyze management control and planning problems. The choice of a business strategy requires an information system that can support that strategy. Key Users of Information Systems 6. Top Managers: need info to carry out long-range planning for the entire organization, to asses the business environment, and to improve overall company performance. 7. Middle Managers: need summaries and analyses for setting intermediate and long0- range goals for the department or projects under their supervision. 8. First Line Managers: need info to oversee the day-to-day details of their departments or projects. 9. Knowledge Workers: need special info for conducting technical projects. www.notesolution.com
More Less
Unlock Document

Only pages 1-2 are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

You've reached the limit of 4 previews this month

Create an account for unlimited previews.

Already have an account?

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