BUS 237 Chapter Notes - Chapter 1: Management Information System, Computer Hardware, Computer

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 237
• Professor: Kamal Masri

Document Summary

Information system (is): group of components that interact to produce information. Management information systems (mis): info systems that help organizations reach their goals. Three key elements of mis: development and use, information systems, goals and objectives: development and use of information systems. Designed and created by business analysts and systems designers: achieving business goals & objectives. Mis exists to help organizational actors achieve the goals and objectives of that organization. Information technology (it): refers to methods, standards, inventions, and products (raw technology, hardware, software, data components of is) Information system (is): system of hardware, software, data, procedures, and people who produce information. It by itself will not help organizations, needs to be embedded into an is. Real difference between it and is: is includes people. Sector: provides products and services that other industries rely on to get their work done. Identify opportunities for innovations through technology and understand the risks.