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MIS Chapter 2
Question | Answer |
---|---|
business process | a series of tasks or steps designed to produce a product or service, (business system) |
what are examples of a business system? | inventory management, manufacturing processes, sales processes, customer support processes |
what are the components of a business process? | activities, resources, facilities, information, |
activities (in business process) | purely manual activities, automated/controlled by computers, or a combination of both |
resources (in business process) | items of value |
facilities (in business cycle) | structures used within the business process. ex. factories, pieces of equiptment, trucks |
information (in business cycle) | activities use info to determine how to transform the inputs they receive into the outputs they produce |
Business Process Modelling Notation (BPMN) | provides 2 graphical elements that can be used to document a process |
Information | knowledge derived from data, data presented in a meaningful context, processed data |
data | recorded facts or figures |
processed data | info is processed by summing, ordering, averaging, computing, or performing other similar operations |
how do we get information? | by doing something to data |
Characteristics of good data | accurate, timely, relevant, just barely sufficient, worth its cost |
business process management | a field of management that promotes the development of effective and efficient processes through improvement and innovation |
automated system | work done by ppl moved so computers do work now, moving work from the right side to the left side |
how does IS help counter sales? | cash registers and computers, full automating cashiers job reduces the training time |
how does IS help support payment? | mostly manual, designers chose to keep it manual bc exceptions make it complicated to make a system |
what 3 levels do decisions occur at in organizations? | operational, managerial, strategic |
what are operational decisions? | day-to-day activities, ex. should we extend credit to someone |
what IS supports operational decisions | transaction processing systems |
what are managerial decisions? | the allocation and utilization of resources, ex. how many engineers should we assign to a project? |
what IS supports managerial decisions? | management information systems |
what are strategic decisions? | broader organizational issues, ex. should we start a new product line? |
what IS supports strategic decisions? | executive information systems |
what are the 2 decision processes? | structures, unstructured |
what is a structured decision process? | an understood and accepted method for making the decision, ex. a standard method for allocating equipment to employees |
what is a unstructured decision process? | no agreed upon decision making method, ex. predicting the future depreciation of the economy or stock market |
what decision process is used at operational levels? | structured |
what decision process is used at strategic levels? | unstructured |
what decision process is used at managerial levels? | both structured and unstructured |
what are the steps in the decision making process? | intelligence gathering, alternatives formulation, choice, implementation, review |
what is intelligence gathering in the decision making process? | decision makers determine what's decided, what criteria would be, what data is available. ex of IS: email, word, presentation, data analysis IS |
what is alternatives in the decision making process? | the layout of various alternatives, ex of IS: communication applications |
what is choice in the decision making process? | selecting one, ex of IS: spreadsheet, financial modelling |
what is implementation in the decision making process? | making it so, ex of IS: communication applications |
what is review in the decision making process? | reviewing the results of the decision, may lead to another decision, ex of IS: communications applications, query and reporting, spread sheets |
communications applications | email, video-conferencing, presentation ect. |