BUSI 2400 Chapter Notes - Chapter 1: Flattening, Teijin, Information Management

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Knowledge work: involves discovery, analysis, transformation, synthesis, and. Why is matters: moore"s law: computing power (measured by maximum number of transistors in an integrated circuit) roughly doubles every 18 months. Means more performance -> processing power (measured in mips, millions of instructions per second) has risen because of transistor counts and cost of the products they populate. Means decreasing costs -> packing more transistors into less space, reduced their cost. Information technology (it): key enabler to all organizations and impacts all business. In today"s work environment, impossible to do knowledge work without technology. Information system (is): organized collection of people, information, business processes and it, designed to transform inputs into outputs, to achieve a goal. Is enhances work, decision making, problem solving, communicating and coordinating. Input: items entered into a system to transform them into outputs. Process: series of one or more steps to transform inputs into outputs. 2: output: end result of a process, data: raw, unorganized facts.

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