An information system is a formal system designed to collect, process, store, and distribute information to inform decision making. It has four main components: tasks, people, organizational structure, and technology. There are two types: manual and computerized systems. Business information systems are sets of procedures that generate and disseminate desired information to support a business using information technology infrastructure. They must be flexible to adapt to changing business needs and cost-effective to develop and maintain.
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Fundamentals of Information Systems
An information system is a formal system designed to collect, process, store, and distribute information to inform decision making. It has four main components: tasks, people, organizational structure, and technology. There are two types: manual and computerized systems. Business information systems are sets of procedures that generate and disseminate desired information to support a business using information technology infrastructure. They must be flexible to adapt to changing business needs and cost-effective to develop and maintain.
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FUNDAMENTALS OF INFORMATION SYSTEMS WHAT IS AN INFORMATION SYSTEMS?
to absorb the inevitable changes in the
information needs of business. INFORMATION SYSTEMS TOPICS An information system (IS) is a formal, Business information systems need to be sociotechnical, organizational system designed I. Introduction to Information System proactive. to collect, process, store, and distribute II. Business Information System The purpose of the business information information. In a sociotechnical perspective, Midterm Examination system is to cater to the information needs information systems are composed by four o III. System Development for decision making in business. components: task, people, structure (or roles), o IV. The Internet The business information systems have to be and technology. Final Examination designed keeping in view the availability of o i. Information concepts COMPONENTS OF AN INFORMATION SYSTEMS financial and human resources to the o ii. The characteristics and value of business enterprise. Input The cost effectiveness is a matter of prime Information Process concern in the development and o iii. Defining Information System Output maintenance of business information INFORMATION CONCEPTS Feedback systems. Data – The data component of an information TWO TYPES OF AN INFORMATION SYSTEMS Introduction to Electronic Commerce, Mobile system is considered the input to the system. Manual Commerce Generally, there are two sources of data: Computerized E-commerce Internal Data – Internal data includes Any business sales records, personnel records, and so BUSINESS INFORMATION SYSTEMS transaction executed forth. electronically External Data – includes government What is Business Information Systems? between agencies and financial institution. An Introduction to Electronic Commerce, Mobile Commerce Information – the output of an information Electronic and Mobile Commerce Application system–consists of facts that have been analysed by the process component and are What is a Business Information Systems? therefore more useful to the MIS user. TYPES OF E-COMMERCE Business information systems are sets if inter- MODELS Knowledge – awareness and understanding of a related procedures using IT infrastructure is a set of information. business enterprise to generate and Business to business disseminate desired information Business to Consumers CHARACTERISTICS AND VALUE OF INFORMATION Characteristics of Business Information Consumers to Consumers Systems Consumer to Business Timeline Integration with other data and information The business information systems are Consistency and accuracy subject to the dynamics of business Relevance environment and need to be flexible enough EXAMPLES OF E-COMMERCE Retail Subscription Wholesale Physical Products Dropshipping Digital Products Crowdfunding Services MOBILE COMMERCE OR M-COMMERCE Mobile commerce refers to business or purchases conducted over mobile devices like cellphones or tablets. Difference of E-Commerce and M-Commerce Mobility Reachability Convenience Transanctions Location Tracking Security