Chapter 1.docx midterm

Chapter 1  Chapter Overview : Focuses on understanding data, information, knowledge, and the role of information systems in organizations.  Data, Information, and Knowledge :  Data : Raw facts.  Information : Organized data with additional value.  Knowledge : Awareness and understanding of information for supporting tasks.  The Value of Information : Discusses how quality information aids efficiency and effectiveness, and the impact of inaccurate data.  Characteristics of Quality Information : Emphasizes accuracy and completeness, especially for critical data like accounting and asset management.  Information Systems (IS) :  Defined as interrelated components for data collection, processing, storage, and dissemination.  Differentiates between Computer-Based Information Systems (CBIS) and organizational technology infrastructure.  Types of Information Systems :  Personal IS : Enhances individual user productivity.  Group IS : Supports communication and collaboration in workgroups.  Enterprise IS : Used for structured interactions within organizations and with external entities.  Implementation of IS : Highlights the need for trained workers, system support, teamwork, process redesign, and decision rights for successful IS implementation.  Information Systems in Organizations : Describes organizations as open systems interacting with their environments, and how IS supports organizational processes.  Value Chains :  Explains the concept of transforming inputs into outputs in organizations.  Focuses on supply chain management and the integral role of IS. Test: What is the main difference between data and information? a. Data is more complex than information. b. Information is organized data with additional value. [Correct Answer] c. Information can't be digital, while data can. d. Data and information are the same.

Which of the following is NOT a characteristic of quality information? a. Accuracy b. Completeness c. Complexity [Correct Answer] d. Relevance What does a Computer-Based Information System (CBIS) typically include? a. Only software components b. Hardware, software, databases, networks, and procedures [Correct Answer] c. Only hardware and software d. Only internet-based tools Which type of information system is primarily used for personal productivity enhancement? a. Enterprise IS b. Group IS c. Personal IS [Correct Answer] d. Global IS In the context of information systems, what does the term 'knowledge' refer to? a. Raw facts and figures b. Organized data c. Awareness and understanding of information [Correct Answer] d. Software tools used to process data The value of information in an organization is most closely related to which of the following? a. Its cost of production b. The number of people using it