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Understanding Information Systems Basics

The document defines Management Information Systems (MIS) as the development and use of information systems to achieve business goals and objectives, highlighting three key elements: components of an info system, development and use, and achieving business objectives. It discusses the characteristics of good information, emphasizing accuracy, timeliness, relevance, sufficiency, and cost-effectiveness. Additionally, it outlines the importance of user involvement in the information system development cycle and introduces the Technology Acceptance Model (TAM) to explain user acceptance of technology.

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Awais Tariq
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0% found this document useful (0 votes)
35 views17 pages

Understanding Information Systems Basics

The document defines Management Information Systems (MIS) as the development and use of information systems to achieve business goals and objectives, highlighting three key elements: components of an info system, development and use, and achieving business objectives. It discusses the characteristics of good information, emphasizing accuracy, timeliness, relevance, sufficiency, and cost-effectiveness. Additionally, it outlines the importance of user involvement in the information system development cycle and introduces the Technology Acceptance Model (TAM) to explain user acceptance of technology.

Uploaded by

Awais Tariq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

Definition of MIS

The Development and Use of Information Systems that Achieve

Business Goals and Objectives

Three
ThreeKey
KeyElements:
Elements:

Components
Componentsofofan
anInfo
InfoSys
Sys

Development
Developmentand
anduse
useofofthe
theIS
IS

Achieving
Achievingbusiness
businessgoals
goalsand
andobjectives
objectives

2
I. Information Systems

Definitions:
System: A group of components that interact to achieve

some purpose
Information System ( give the definition by yourself)
 Example:

non computer-based IS: a schedule sheet posted outside the


classroom telling us the classroom reservation information

computer-based IS: WebCT, Online course registration


system, online banking system, etc. 3
What is Information?
 Four different definitions

 Knowledge derived from data

 Data presented in a meaningful

context
 Data processed by summing, ordering,

averaging, grouping, comparing, or


other similar operations
 A difference that makes a difference

4
Information is Subjective
Information in one person’s context is just a data
point in another person’s context

Context changes occur in information systems


when the output of one system feeds a second
system

Information conveys meaning, which contains the


information providers’ point of view. (Information
manipulation)
5
Characteristics of Good Information
 Accurate

Good information shall be accurate. However, there are


a lot information that’s inaccurate. Be careful!
Example: managers & financial analysts may
manipulate earnings to mislead investors

6
Characteristics of Good Information
 Accurate

 Timely

Good information shall be delivered to the right person at


the right time in order to make the right decision.
Example: many companies keep outdated customer
contact information, which is a waste of time and money.

7
Characteristics of Good Information
 Timely

 Relevant

Information is subjective. Good information shall be


relevant to the reader which helps make good decision.
Example: a list of customer activities is relevant to the
marketing department but not that relevant to the CEO.

8
Characteristics of Good Information
 Accurate

 Timely

 Relevant

 Just Sufficient

Users shall have all the available information in order to


make the right decision. However, too much
information will reduce efficiency.
Example: use the credit score instead of the whole
transaction history to evaluate a person’s probability to
default. 9
Characteristicsof Good Information
Accurate

 Timely

 Relevant

 Just Sufficient

In a business world, think cost-effectively:


 Worth Its Cost What is the value of information? How
much does it cost to produce that
information?
Example: why not keep track of all the
consumers’ activity?

10
Characteristics of Good Information
 Just Sufficient

 Worth its Money

 Accurate

 Relevant

 Timely

-- Good information shall be SMART!

11
Understanding the Five-Components

12
The most important component

 Your mind and thinking are the most important component

 If you don’t know what to do with your information system’s


information, you are wasting time and money.

13
II. Development and Use of Info. Sys
 You need to take an active role in every stage of the

information system’s development


 It doesn’t matter if you are a programmer, database designer,

or only a user, you must be active in:


 Specifying the systems requirements

 Helping to manage the development project

 Using the information system

System System System System


Analysis Design Implementation Maintenance

System Development Cycle 14


III. Achieving Business Goals and Objectives

 Businesses themselves do not “do” anything

 Information Systems exist to help people in business to

achieve goals and objectives of business.

15
Extra Knowledge – TAM model
Technology Acceptance Model (TAM):
Fred Davis, 1989, MIS Quarterly

Perceived Usefulness

User Acceptance

Perceived Ease of Use

Why is the word “perceived” critical in the two


factors?
 It’s all about the user’s feelings…

16
Understanding New Information Systems

Use the five-component framework to learn


about new systems.

 Focus questions on:


 Organization impact (people)
 System administration &
Procedures to create or modify
 Databases and other data to
create
 Programs to license
 Hardware needs

17

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