ITM 100 Study Guide - Midterm Guide: Chief Executive Officer, Internet Service Provider, Business Process Management

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 100
• Professor: Ron Babin

Document Summary

Chapter one - information systems and business strategy. Computer based tool that people use to work with information. Supports information and information processing needs of an organization. It does not represent a business"s success and innovation** Acquisition (gaining), processing, storage, and dissemination (distributing) of vocal, pictorial, textual, and numerical information by a microeconomics based combination of computing and telecommunications. Deals with the use of computers and telecommunications to retrieve, store and transmit information. Another business function similar to marketing, finance, operations and human resources management. Mis plans for, develops, implements, and maintains the hard/software and applications in it. In order to perform mis effectively, most organizations have an internal is department which is the. Ex: date, item number, item description, customer name, shipping details. Data that is converted into a useful and meaningful context. When information can be acted upon it becomes knowledge. *people use information systems to transform data into information and information into knowledge.