MIS 2100 Study Guide - Comprehensive Midterm Guide: Tacit Knowledge, Internet Protocol, Sensitivity Analysis

• School: Utah State University
• Department: Management Information Systems
• Course: MIS 2100
• Professor: Vance Reeder

Document Summary

The confirmation or validation of an event or object: fact, information age who can use a computer, examples of the power of business and technology, amazon. The present time during which infinite quantities of facts are widely available to anyone. Not a technology company; primary business focus is selling books: netflix. Not a technology company; primary business focus is renting videos: zappos. Data converted into a meaningful and useful context. Not a technology company; primary business focus is selling shoes. The raw facts that describe the characteristics of an event or object. Knowledge: the core drivers of the information age, data, information, business intelligence partners, and industries that analyzes patterns, trends, and relationships for strategic decision making, knowledge, the challenge: departmental companies. Individual valued for their ability to interpret and analyze information. Information collected from multiple sources such as suppliers, customers, competitors, Ex: input - - > process - - > output (all provide feedback to each other)