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Lecture Notes for ACIS 1504 - Intro to Bus Analytics & BI with Lacoste at Virginia Tech (VT)

Notes Information

Material Type:Study Guide
Professor:Lacoste
Class:ACIS 1504 - Intro to Bus Analytics & BI
Subject:Accounting & Information Systems
University:Virginia Polytechnic Institute And State University
Term:Spring 2009
Keywords:
  • Operational Decisions
  • Virtual Meetings
  • Authenticates
  • Email Spoofing
  • Collaboration
  • Unauthorized
  • Structured Decision
  • Information
  • Another Term
  • Unstructured Decisions
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Sample Document Text

Chapter 1 Notes Definitions: 1. Management Information Systems: the development and use of information systems that help business achieve their goals and objectives 2. System: A group of components that interact to achieve some purpose 3. Information System: a group of components that interact to produce information (also called Computer based information system) 4. Five component framework: Hardware, Software, Data, Procedures, People (Left to right) 5. Non-routine cognitive skills: including abstract reasoning, problem-solving, communication, and collaboration 6. Information: a. knowledge derived from data b. data presented in a meaningful context c. Data processed by summing, ordering, averaging, grouping, comparing, or other similar operations. d. A difference that makes a difference 7. Data: defined as recorded facts or figures 8. Meaningful context: the way one perceives what is given to them (one may think it is data, while another may believe its information) 9. Information Technology (IT): refers to ...

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