misy160 ch 10 - Information System-collects, stores, and...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Information System-collects, stores, and processes data to provide useful, accurate, and timely information, typically within the context of an organization Organization-a group of people working together to accomplish a goal Business-an organization that seeks profit by providing goods and services Nonprofit organization-an organization formed to accomplish political, social, or charitable goals Mission-the goal or plan of an organization Mission statement-describes an organizations goals and how they will be accomplished Organizational chart-depicts the hierarchy of employees in an organization Workers-people who directly carry out the organizations mission Managers-determine organization goals and plan how to achieve those goals Strategic planning-plan of an organizations long-range goals Tactical planning-incremental goals that can be achieved in a year or less-planned by mid-level managers Operational planning-day to day operations run by low-level managers Structured Probleman everyday, routine problem-procedure for obtaining the best solution is known Semi Structured problem-less routine than structured problem-procedure for reaching solution is known but involves a degree of subjective judgment to reach Unstructured problem-requires human intuition as the basis for finding a solution Enterprise computer system-integrates several information systems that support a variety of business activities Transaction-an exchange between two parties that is recorded and stored in a computer system Transaction Processing System (TPS)-provides a way to collect, process, store, display, modify, or cancel transactions Batch Processing-collects and holds a group of transactions until the end of a day when the entire batch is processed-used in early TPS Online Processing-a real-time method in which each transaction is processed as it is entered OLTP System-online transaction processing system-uses a commit or rollback strategy to ensure that each transaction is processed correctly Commit-permanently update database records only if every step of the transaction can be successfully processed Rollback-returns the records to their original state if one step fails Detail reports-provides a basic record of complete transactions Management information system-a type of IS that uses the data collected by a transaction processing system and manipulates the data to create reports that managers can use to make routine business decisions in response to structured problems Schedule reports-follow a fixed format and are produced according to a preset timetable Summary report-combines, groups, or total data Exception report-contains information that is outside normal ranges Ad hoc report-customized report generated to supply specific information not available in...
View Full Document

Page1 / 6

misy160 ch 10 - Information System-collects, stores, and...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online