UB MGS 351 - MGS Test 1 Review (14 pages)

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MGS Test 1 Review



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MGS Test 1 Review

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Pages:
14
School:
University at Buffalo, The State University of New York
Course:
Mgs 351 - Intro to Mgmt Info Systms
Intro to Mgmt Info Systms Documents

Unformatted text preview:

MGS 351 Test 1 MIS Management Information Systems Identifying the information that is needed for effective decision making in organizations Developing information systems to satisfy those needs How do we create systems to help employees make good decisions MIS is using technology to create business value How do we pick technologies and implement them so our company becomes profitable Goal of business profit Makes business more efficient MIS bridges the gap between business and technical minds MIS professionals see where the technology fits in the organization and where it does not Information Systems IS a set of interrelated components that collect or retrieve process store and distribute information to support decision making and control in an organization Quality control monitor things Make sure things are running as they should Activities in an IS Input Data Process Output Information Feedback Managerial Levels Executive Managers long range strategic decisions about procedures and services Middle Managers carry out the programs and plans of executive management Operational Managers monitor the firm s daily activity Non management employees make on the job decisions need to build different IS for different levels in management they have different needs Data collection of unorganized facts Accurate data must be transformed into information to make good decisions Information data that has been processed into a useful form for decision making Information Processing Cycle input data process output information storage Ex Data survey for class Pile of responses in the front of the room Process find an average for responses Information the averages Use them to figure out how to better run the class Problem bad data bad information bad decisions Characteristics of Good Data Subjective value Relevant Timely Accurate Meaningful format must be in good context for the decision maker Complete Accessible Good data is very important Functional Areas of Business areas in a



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