Oim 471 Final (A+ Graded)

Job Growth of the Past Twenty Years correct answers Computer Systems Design and Related Services What is an Information System? correct answers group of components that interact to produce information Hardware - Software - Data - Procedures - People What is MIS? correct answers development and use of information systems that help businesses to achieve business goals and objectives What is a Business Process? correct answers network of activities for accomplishing a business function Why do we need to understand business processes? correct answers understand existing processes and identify problems needs to redesign current processes need to know where and how to save costs Two dimensions of Process Quality correct answers Effectiveness Efficiency Data vs. Information correct answers Information is knowledge gained from data Information is presented in a meaningful manner Graph is information correct answers false Graph is data correct answers true People perceive same information from the same data correct answers false People perceive different information from same data correct answers true I sent you that information correct answers false I sent you that data from which you conceived information correct answers true Characteristics of Good Data correct answers Accurate Timely Relevant (to content, to subject) just barely sufficient worth its cost