MGIS 317 Chapter Notes - Chapter 1: Knowledge Worker, Fixed Cost, List Of Utility Software

• School: University of Calgary
• Department: Management Information Systems
• Course: MGIS 317
• Professor: Catherine Heggerud

Document Summary

Data raw facts that describe a phenomenon. Information data that has a particular meaning within a speci c context (pertinent information to the situation) Business information collective information that gives you the ability to make effective strategic decisions. Garbage-in garbage-out means info coming in a bad form likely leads to poor decisions: validity the credibility of information. Information needs to be organized and generally ows in four directions: upward describes the current state of the organization based on its daily transactions. Information granularity is the amount of detail within the info, which becomes coarser as it moves upward because it is summarized in some way: downward strategies and directives that originate in upper management and ow down. Strategic (upper), tactical (middle), operational (lower: horizontal info ows between business units and work teams to increase transparency, outward/inward info that can yield a competitive advantage through ow to customers, suppliers, and distributors.