MIS 250 Chapter 1: Ch1 Information Systems and People
10 Feb 2017
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Document Summary
Information is an organization"s most important asset. Today"s information systems (is) extend beyond the company"s boundaries: reaching out to customers, clients, suppliers, partners, citizens, and stakeholders. Operations management involves the design, operation, and improvement of systems and processes used to deliver goods and services: excellence in operations can result in large cost savings and competitive advantage. Is are crucial for tracking payroll, taxes, bene ts and time sheets: accounting is are important to track accounts receivable, process transactions, procure goods and services and pay suppliers. Is designed to handle the processes involve must meet compliance standards set by the government and other regulatory agencies. Data-driven decision making draw on the billions of data pieces to show important trends and patterns. Decision support systems and business intelligence encompass a growing and varied category blending rapid analysis of information sources with arti cial intelligence and human knowledge: business intelligence is all the information managers use to make decisions.
