RSM100Y1 Chapter Notes - Chapter 14: Operations Support System, Decision Support System, Midrange Computer
14 Mar 2016
School
Department
Course
Professor
Document Summary
Data consist of raw facts and figures that may or may not be relevant, or meaningful, to a business decision. Information is knowledge gained from processing those facts and figures. An information system is an organized method for collecting, storing, and communicating past, present, and projected information on internal operations and external intelligence. A large organization typically assigns responsibility for managing its information systems and related operations to an executive called the chief information officer (cio) The cio often reports directly to the firm"s ceo. An effective cio can understand and control technology so that the company can use one seamless operation to communicate both internally and externally. The role of the cio is both expanding and changing as the technology to manage information continues to develop. Information systems can be designed to assist many business functions and departments - from marketing and manufacturing to finance and accounting.
