ITM 100 Chapter 1: Chapter 1 Notes.docx

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ITM 100 Full Course Notes
14
ITM 100 Full Course Notes
Verified Note
14 documents

Document Summary

Chapter 1 - information systems in global business today. 1. 1 - the role of information systems in business today. Shifts in media; more news delivered online. Internet has drastically reduced costs of operating on global scale. Information technology (it) - all the hardware and software that a firm needs to use in order to achieve its business objectives. Information system - a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization. Data - streams of raw facts representing events occurring in organization or in the physical environment before they have been organized into a form that people can understand and use. Information - data that has been shaped into a form that is meaningful and useful to human beings. Input: captures raw data from organization or external environment. Processing: converts raw data into meaningful form. Output: transfers processed information to people or activities that use it.