ADMS 2511 Study Guide - Midterm Guide: Application Software, Information System, Transaction Data

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Data: elementary description of transactions that are recorded, classified, and stored but not organized to convey any specific meaning. They do(cid:374)(cid:859)t (cid:272)o(cid:374)(cid:448)ey a(cid:374)d (cid:373)ea(cid:374)i(cid:374)g, just (cid:374)a(cid:373)e. Information: refers to data that have been organized so that they have meaning and value to the recipient. Just a record; student name and gpa. Knowledge: data and/or information that has been organized and processed to convey understanding, experience, accumulated learning, and expertise. For certain customers, a company is able to understand/ learn their purchasing patterns based on their prior purchases. Student john snow, has gpa of 9. 0 he is the good student. out of information and able to convey some sort of understanding> 6 components of a cbis: define each and give example (application and display (output devices such as monitor, speaker) data. Hardware: physical devices used to accept (input devices like keyboard, mouse), process (cpu) Software: enables hardware to process data e. g. windows (operating system), ms excel.