Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
Question
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Chapter 10, Problem 4RQ
Program Plan Intro

Information system:

  • An information system is a system which provides the necessary information to an organization to achieve the goals.
  • It monitors the transactions details, provides the required information to decision makers, and provides necessary documents to the customers.
  • The main components in the information system are people, data, procedures, hardware, and software.
  • The main function of information system is to accept and process the input data and then stores the retrieved information and distributes it across the organization.

Explanation of Solution

Examples:

  • The examples of structured decision are shown below:
    • Operational control:
      • Accounts receivable
      • Order entry
      • Inventory control
    • Management control:
      • Budget analysis
      • Short-term forecasting
    • Strategic control:
      • Tanker fleet mix

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Principles of Information Systems (MindTap Course List)

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