ETS Exam Information Systems Questions Perfectly Answered!!

Hardware technology - Refers to objects that you can actually touch, like disks, disk drives, display screens, keyboards, printers, boards, and chips. Software technology - Anything that can be stored electronically is software. The storage devices and display devices are hardware systems software - Includes the operating system and all the utilities that enable the computer to function. applications software - Includes programs that do real work for users. For example, word processors, spreadsheets, and database management systems fall under the category of applications software Database management systems - collection of programs that enables you to store, modify, and extract information from a database examples of database applications - - computerized library systems - automated teller machines - flight reservation systems - computerized parts inventory systems Network technology - A group of two or more computer systems linked together Internet technology - global network connecting millions of computersAutomation - The use of computers to control a particular process in order to increase reliability and efficiency, often through the replacement of employees Decision Support System - class of information systems (including but not limited to computerized systems) that support business and organizational decision-making activities Typical information that a decision support application might gather - - an inventory of all of your current information assets (including legacy and relational data sources, cubes, data warehouses, and data marts), - comparative sales figures between one week and the next - projected revenue figures based on new product sales assumptions. Transaction processing systems - automate the handling of data about business activities or transactions, which can be thought of as simple, discrete events in the life of an organization Management Information Systems - the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organization Strategy Support - MIS systems can be used to transform data into information useful for decision making. Computers can provide financial statements and performance reports to assist in the planning, monitoring and implementation of strategy Data Processing - Not only do MIS systems allow for the collation of vast amounts of business data, but they also provide a valuable time saving benefit to the workforce Management by Objectives - a management process by which managers and subordinates agree upon a series of objectives for the subordinate to attempt to achieve within a set time frame