BUS 237 Chapter Notes - Chapter 1: Management Information System, Computer Hardware, Information System

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 237
• Professor: Zorana Svedic

Document Summary

An information system (is) is a group of components that interact to produce information. There are 5 components: five-component framework of computer hardware, data, procedures, and people. These 5 components are present in every information system, and are linked together through networks. Mis (management information systems) is the development and use of information systems that help businesses achieve their goals and objectives. This definition has 3 key elements: development & use, information systems, and business goals and objectives: development & use of information systems. To have an information system that meets your needs you must take an active role in that system"s development. When the system fails, you will have tasks to perform while the system is down, as well as helping to recover the system quickly and correctly: achieving business goals & objectives. It (information technology) refers to methods, inventions, standards, and products. It by itself will not help an organization achieve its goals and objectives.