Lecture 1 Notes.docx

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Business Administration
BUS 237
Zorana Svedic

WHAT IS AN INFORMATON SYSTEM? System – a group of components that interact to achieve some purpose. Information System – a group of components that interact to produce information.  Five fundamental compnments of computer based information system: 1. Computer Hardware 2. Software 3. Data 4. Procedures – Information for people 5. People Information systems are more than just computers and software. WHAT IS MIS? MIS – the development and use of information systems that help businesses achieve their goals and objectives.  Key elements: o Development and use o Information systems o Business goals and objectives ACHIEVING BUSINESS GOALS AND OBJECTIVES MIS aids businesses in achieving objectives  Businesses themselves don’t do anything, people do the work. MIS empowers users to reach goals  IS assist business people  MIS need to be developed for the right reason. o Understand WHY before you start considering HOW DEVELOPMENT AND USE OF INFORMATION SYSTEMS As a business professional you need to:  Take an active role in order to insure that systems will beet your needs.  Understand how IS are constructed  Conside
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