Professional Documents
Culture Documents
Management Information Systems: Rizwan Ali Khan
Management Information Systems: Rizwan Ali Khan
Management Information Systems: Rizwan Ali Khan
There are mobile apps for Groupon as well as for many other companies who are increasingly pitching and
selling over mobile platforms, and e-commerce is becoming more mobile as well.
Groupon Inc.
Groupon Inc.
Customized E-mail
Customized E-mail
Groupon Inc.
Groupon Inc.
Groupon Inc.
Growth of e-commerce
Class Activity:
• Discuss some of the Information Systems Applications that are being
frequently used today?
• Smart Phones
• Tablets
• Banking
• Ticketing
Information and Data
• Data is simply a raw measurement or a collection of non-random facts,
• Information is data with relevance. Information is data that has been
processed so that managers can use it for decision-making purposes.
System
• A system is a collection of interrelated components that work together
towards a collective goal. A basic model of a system receives inputs that are
then transformed through certain processes into outputs.
• A business system such as a manufacturing system will obtain inputs such as
raw materials that are then transformed through a manufacturing process
into products. Such business systems work towards set goals and objectives.
• For instance, a goal may take the form of improving the quality of a product
or increasing profit through more efficient manufacturing processes.
System
Information Systems Architecture
Data, Information and Knowledge
• Data
• Number, characters that designate an attribute of a phenomena
• Information
• When data reveals pattern in a phenomena
• Knowledge
• When it supports claims about a phenomena
Data, Information and Knowledge
Data, Information and Knowledge
Data, Information and Knowledge
• Data represents unorganized and unprocessed facts.
• Usually data is static in nature.
• It can represent a set of discrete facts about events.
• Data is a prerequisite to information.
• An organization sometimes has to decide on the nature and volume of data that is required for creating the necessary information.
• Information
• Information can be considered as an aggregation of data (processed data) which makes decision making easier.
• Information has usually got some meaning and purpose.
• Knowledge
• By knowledge we mean human understanding of a subject matter that has been acquired through proper study and experience.
• Knowledge is usually based on learning, thinking, and proper understanding of the problem area.
• Knowledge is not information and information is not data.
• Knowledge is derived from information in the same way information is derived from data.
• We can view it as an understanding of information based on its perceived importance or relevance to a problem area.
• It can be considered as the integration of human perceptive processes that helps them to draw meaningful conclusions.
What is Information Systems
• For information systems, inputs and outputs are normally information of
one sort or another.
• Information system is more than just hardware and software. It also consists
of data and procedures as well as the people that use them.
• Components of I.S.
What is an I.S.
• Collection of:
• Hardware
• Software
• Application Programs
• Data Management
• People
• And What they do to Information?
• Collect
• Store
• Sort
• Process
What is an I.S.
• Has a purpose
• Establish to achieve goals (bank)
• Satisfy information requirements (customers)
• Overall strategy of the organization
• Interconnected computers
• Controlled
Activities that define I.S. (Airline Ticketing)
• Input
• Raw data and information from external environment
• Processing
• What I.S. does with inputs to turn them into information (classifying, arranging,
calculating and formatting)
• Output
• Processed information is presented back the people for use
Information and Data
• Information Age
• Operations Control (cocoa cola)
• Decision Making (stocks)
• Strategic (build a new factory in South Africa)
• Commodity (selling of data on companies: Bloomburg)
• Rapid increase in air travel
Use of Information
• Linguistics (meaning)
• Communication Engineering (mode of transmission)
• Philosophers (truths and beliefs)
• Staticians
• Economists
Knowledge Workers
• Who is a knowledge Worker
• Doctor, CAD specialist, Lawyer
• What do they do with information
• Research, blog, tweet and so on
Value and Cost of Information
• Buying a newspaper
• Searching on google
• Looking for movie timings
Characteristics of Information
• Reliable and Accurate
• Accessible
• Up to date of timely
• Conveniently presented
• At an appropriate level of detail
• Exclusive
• Pleasing