MIS 200 - Exam 1 |119 Questions and
Answers
information age - -the present time during which infinite quantities of facts
are widely available to anyone who can use a computer
- the core drivers of the information age - -1. data
2. information
3. business intelligence
4. knowledge (+ knowledge worker)
- data - -raw facts that describe the characteristics of an event or object
- information - -data converted into a meaningful and useful context
- business intelligence - -information collected from multiple sources such
as suppliers, customers, competitors, partners and industries that analyzes
patterns, trends, and relationships for strategic decision making
- knowledge - -skills, experience and expertise coupled with information and
intelligence that creates a person's intellectual resources
- knowledge worker - -individual valued for their ability to interpret and
analyze information
- the challenge? - -departmental companies - common departments working
independently
- the MIS solution to the challenge - -common departments working
interdependently
- goods - -material items or products that customers will buy to satisfy a
want or need
- services - -tasks performed by people that customers will buy to satisfy a
want or need
- ____________ --> _________ --> ___________ - -input --> process --> output
- systems thinking - -a way of monitoring the entire system by viewing
multiple inputs being processed or transformed to produce outputs while
continuously gathering feedback on each part
, - Management Information Systems - -a business function, like accounting
and human resources, which moves information about people, products, and
processes across the company to facilitate decision making and problem
solving
- Chief Information Officer (CIO) - -oversees all uses of IT and ensures it
aligns strategically with business goals and objectives
- Chief Knowledge Officer (CKO) - -responsible for collecting, maintaining,
and distributing the organization's knowledge
- Chief Privacy Officer (CPO) - -responsible for ensuring the ethical and legal
use of information
- Chief Security Officer (CSO) - -responsible for ensuring the security of IT
systems
- Chief Technology Officer (CTO) - -responsible for ensuring the throughput,
speed, accuracy, availability, and reliability of IT
- MIS department roles - -1. Chief Information Officer (CIO)
2. Chief Knowledge Officer (CKO)
3. Chief Privacy Officer (CPO)
4. Chief Security Officer (CSO)
5. Chief Technology Officer (CTO)
- business strategy - -a leadership plan that achieves a specific set of goals
or objectives such as:
- developing new products or services
- entering new markets
- increasing customer loyalty
- attracting new customers
- increasing sales
- partners/suppliers - -- reliable contracts
- ethical materials handling
- responsible production
- shareholders/investors - -- maximize profits
- grow market share
- high return on investment
- community - -- professional associations
- ethical recycling
- increase employment
Answers
information age - -the present time during which infinite quantities of facts
are widely available to anyone who can use a computer
- the core drivers of the information age - -1. data
2. information
3. business intelligence
4. knowledge (+ knowledge worker)
- data - -raw facts that describe the characteristics of an event or object
- information - -data converted into a meaningful and useful context
- business intelligence - -information collected from multiple sources such
as suppliers, customers, competitors, partners and industries that analyzes
patterns, trends, and relationships for strategic decision making
- knowledge - -skills, experience and expertise coupled with information and
intelligence that creates a person's intellectual resources
- knowledge worker - -individual valued for their ability to interpret and
analyze information
- the challenge? - -departmental companies - common departments working
independently
- the MIS solution to the challenge - -common departments working
interdependently
- goods - -material items or products that customers will buy to satisfy a
want or need
- services - -tasks performed by people that customers will buy to satisfy a
want or need
- ____________ --> _________ --> ___________ - -input --> process --> output
- systems thinking - -a way of monitoring the entire system by viewing
multiple inputs being processed or transformed to produce outputs while
continuously gathering feedback on each part
, - Management Information Systems - -a business function, like accounting
and human resources, which moves information about people, products, and
processes across the company to facilitate decision making and problem
solving
- Chief Information Officer (CIO) - -oversees all uses of IT and ensures it
aligns strategically with business goals and objectives
- Chief Knowledge Officer (CKO) - -responsible for collecting, maintaining,
and distributing the organization's knowledge
- Chief Privacy Officer (CPO) - -responsible for ensuring the ethical and legal
use of information
- Chief Security Officer (CSO) - -responsible for ensuring the security of IT
systems
- Chief Technology Officer (CTO) - -responsible for ensuring the throughput,
speed, accuracy, availability, and reliability of IT
- MIS department roles - -1. Chief Information Officer (CIO)
2. Chief Knowledge Officer (CKO)
3. Chief Privacy Officer (CPO)
4. Chief Security Officer (CSO)
5. Chief Technology Officer (CTO)
- business strategy - -a leadership plan that achieves a specific set of goals
or objectives such as:
- developing new products or services
- entering new markets
- increasing customer loyalty
- attracting new customers
- increasing sales
- partners/suppliers - -- reliable contracts
- ethical materials handling
- responsible production
- shareholders/investors - -- maximize profits
- grow market share
- high return on investment
- community - -- professional associations
- ethical recycling
- increase employment
