Keywords list
Chapter 1- Information systems in the global business today
Management information systems The study of people, organizations and
technology, and the relationships
between them
Business processes They refer to 2 things,
1. the set of logically related tasks
and behaviors that organizations
develop over time to produce
specific business results.
2. and the unique way in which
these activities are organized and
coordinated.
Information systems They can help managers and
staff to analyze problems,
visualize complex subjects and
create new products.
They can be defined as a set of
interrelated components that
collect, process, store, and
distribute information to support
decision making and control in an
organization
1. Input 1. collects raw data from the
2. Processing organization or from its external
3. Output environment.
2. converts/changes this raw input
into a meaningful form.
3. sends the processed information
to the people who will use it or to
the activities for which it will be
used.
Socio Technical view In this view, Optimal organizational
performance is achieved by optimizing
both, the social and technical systems
used in production
Computer Hardware Is the physical/tangible
Computer software equipment used for input,
processing and output activities in
an information system. mostly
this are computers, different
storage devices (harde schijf) and
telecommunication devices that
connect the computers together.
the detailed preprogrammed
instructions that control and
coordinate the computer
hardware components in an
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, information system.
Data Management (technology) Consists of the software which is related
to the organization of data on physical
storage media. (harde schijf)
the outcome of data management is
information.
Data management transfers raw
streams of data into information which is
relevant and useful for human beings.
A Network Links 2 or more computers to share data
such as a printer.
Digital Firm Is a firm in which almost all of the
organizations business
relationships with customers,
suppliers and employees are
digitally enabled and mediated.
The core business processes are
performed trough digital networks
which connect the entire
organization or which link multiple
organizations
Company Assets (Primary and 1. primary assets are the assets that
Secondary) should be imported first to import
other kind of assets. primary
assets are the basis for
secondary assets
2. secondary assets for example
insurance receivables and real
estate
Information Data that have been shaped into a form
that is meaningfull and useful to humans
beings.
1. Primary assets 1. these are the assets that should
2. Complementary Assets be imported first to import other
kind of assets. they constitute the
super-set of the secondary
assets.
2. assets that are required to take
value from a primary investment.
e.g. to have value of a car you
need complementary investments
in highways and roads. they
include: organizational assets,
managerial assets and social
assets.
Data Streams of raw facts, representing
events which take place in organizations
or the physical environment. before they
have been organized and arranged into
a form that people understand and use.
Page 2 of 11 Updated 24 Oct-17
Chapter 1- Information systems in the global business today
Management information systems The study of people, organizations and
technology, and the relationships
between them
Business processes They refer to 2 things,
1. the set of logically related tasks
and behaviors that organizations
develop over time to produce
specific business results.
2. and the unique way in which
these activities are organized and
coordinated.
Information systems They can help managers and
staff to analyze problems,
visualize complex subjects and
create new products.
They can be defined as a set of
interrelated components that
collect, process, store, and
distribute information to support
decision making and control in an
organization
1. Input 1. collects raw data from the
2. Processing organization or from its external
3. Output environment.
2. converts/changes this raw input
into a meaningful form.
3. sends the processed information
to the people who will use it or to
the activities for which it will be
used.
Socio Technical view In this view, Optimal organizational
performance is achieved by optimizing
both, the social and technical systems
used in production
Computer Hardware Is the physical/tangible
Computer software equipment used for input,
processing and output activities in
an information system. mostly
this are computers, different
storage devices (harde schijf) and
telecommunication devices that
connect the computers together.
the detailed preprogrammed
instructions that control and
coordinate the computer
hardware components in an
Page 1 of 11 Updated 24 Oct-17
, information system.
Data Management (technology) Consists of the software which is related
to the organization of data on physical
storage media. (harde schijf)
the outcome of data management is
information.
Data management transfers raw
streams of data into information which is
relevant and useful for human beings.
A Network Links 2 or more computers to share data
such as a printer.
Digital Firm Is a firm in which almost all of the
organizations business
relationships with customers,
suppliers and employees are
digitally enabled and mediated.
The core business processes are
performed trough digital networks
which connect the entire
organization or which link multiple
organizations
Company Assets (Primary and 1. primary assets are the assets that
Secondary) should be imported first to import
other kind of assets. primary
assets are the basis for
secondary assets
2. secondary assets for example
insurance receivables and real
estate
Information Data that have been shaped into a form
that is meaningfull and useful to humans
beings.
1. Primary assets 1. these are the assets that should
2. Complementary Assets be imported first to import other
kind of assets. they constitute the
super-set of the secondary
assets.
2. assets that are required to take
value from a primary investment.
e.g. to have value of a car you
need complementary investments
in highways and roads. they
include: organizational assets,
managerial assets and social
assets.
Data Streams of raw facts, representing
events which take place in organizations
or the physical environment. before they
have been organized and arranged into
a form that people understand and use.
Page 2 of 11 Updated 24 Oct-17
