COMP 1047 Midterm: Assignment 9 Information Systems Answer – Preet_Koshiya
8 Nov 2021
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An information system gathers, stores, and processes data to provide helpful, precise, and timely information, usually within the context of an organization: organization: - A group of individuals who work together to achieve a common goal is referred to as an organization: mission: The organization"s aim or strategy is described in the mission statement: mission statement: A mission statement is a statement that defines how a corporation can carry out its mission and achieve its objectives: vertical market: - A market made up of a group of businesses and clients who are all linked by a common interest: horizontal market: - A vertical market is one that is made up of a group of businesses and customers who share a common interest. Companies in a vertical industry are traditionally focused on the specific needs of that market rather than aiming for a broader market: organizational chart: -
