Q1 - Q1. What do you understand by an Information System?...

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Q1. What do you understand by an Information System? Explain various categories of information system . Ans: Before knowing what is meant by an information system, one must know what is meant by a system. A System is simply a set of components that interact to accomplish some specific purpose. Systems are all around us. For example, you communicate by means of language, a highly developed system of words and symbols that conveys meanings to you and to others. A business is also a system. Its components like marketing, manufacturing, sales research, shipping, accounting and personnel all work together to create a profit that benefits the employees and stockholders of the firm. Every business system depends on information system for its proper functioning. This system is the means by which data flows from one person or department to another and can encompass everything from inter-office mail and telephone links to computer system that generates periodic reports for various users. Information System serves all the systems of a
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This note was uploaded on 01/19/2012 for the course FINANCE 121 taught by Professor Aktiwari during the Spring '11 term at Amity University.

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Q1 - Q1. What do you understand by an Information System?...

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