RSM100Y1 Lecture Notes - Lecture 14: Operations Support System, Computer Hardware, Software
31 Mar 2016
School
Department
Course
Professor
Document Summary
An efecive informaion system can help answer many quesions about a business. Data consists of raw facts and igures that may or may not be relevant, or meaningful, to a business decision. Informaion is knowledge gained from processing those facts and igures. Informaion system is an organized method for collecing, storing, and communicaing past, present, and projected informaion on internal operaions and external intelligence. Cio (chief informaion oicer) is the execuive responsible for managing"s a irm"s informaion systems and related computer technologies. More and more cio"s are being appointed to the bod. Informaion systems can be designed to assist many business funcions from markeing to manufacturing to inance to accouning. A company can use the system to monitor all areas of its operaions and business strategy. Informaion can be the diference between staying in business and going bankrupt. Right informaion can help irm keep up with changing consumer demands, compeitors aciviies, and recent government regulaions.
