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Description
Flashcards by Adriana Vincelli-Joma, updated more than 1 year ago
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Created by Adriana Vincelli-Joma
about 5 years ago
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| Question | Answer |
| Components of IS | 1. hardware 2. software 3. data 4. procedures 5. people |
| Elements of MIS | 1. development 2. IS 3. goals and objectives |
| Information systems (IS) vs. Information Technology (IT) | IT: -raw technology -hardware, software, data components -by itself, will not help organization achieve goals/objectives -methods, inventions, standards, products IS: -system of hardware, software, data procedures, and people who produce info. -includes people |
| Role of ICT in Economy | -provides products/services that other industries rely on to get their work done -supply services that improve business processes -areas: retail, manufacturing, insurance, banking, etc. -companies in ICT sectors: software and computer services, communications services, ICT manufacturing, ICT wholesaling -in 2011, ICT added $67.2 billion to Canadian GDP |
| How successful business professionals use IS | basic IS: email, webpages, word processors, spreadsheets, presentations, IM and location-based services expand knowledge: mobile devices, project-management software, business graphics, collaborative systems core set of skills: technical skills, specific technology/industry experience, satisfactory communication skills |
| Changes technology bring to economy, organizations, and individuals | Moore's Law: -created by Gordon Moore -number of transistors per square inch on integrated chip doubles every 18 months -power of computers has increased exponentially -cost of computers has declined over past 50 yrs Network Effects: -value of certain technologies increases as # of users increases -lock-in users and make it harder for them to switch technologies Other effects: -general shrinking of device size -tendency for ubiquity -adoption of location-based services |
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