Information Systems Chapter 1-3
-exam elaborations with 100% verified answer/solutions-
Excel & Succeed - academic year (2026)
82 Q&A
Business Model
describes how a company produces, delivers, and sells a product or service to
create wealth
Information Technology
consists of all the hardware and software that a firm needs to use in order to
achieve its business objectives
Information System
a set of interrelated components that collects and or retrieve, process, store,
and distribute information to support decision making
Data
raw facts representing events
Information
, data that has been shaped into a form that is meaningful
Input
captures or collects raw data from within the organization
Processing
converts this raw input into a meaningful form
Output
transfers the processed information to the people who will use it or to the
activities for which it will be used
Feedback
output that is returned to the appropriate members of the organization to help
evaluate input stage
computer literacy
knowledge of information technology
MIS
Deals with behavioral & technical issues
culture
set of assumptions, values, and way of doing things
computer hardware
physical equipment used for input, processing, and output in an information
system
software
detailed, pre programmed instruction that controls and coordinates the
computer hardware
data management technology
-exam elaborations with 100% verified answer/solutions-
Excel & Succeed - academic year (2026)
82 Q&A
Business Model
describes how a company produces, delivers, and sells a product or service to
create wealth
Information Technology
consists of all the hardware and software that a firm needs to use in order to
achieve its business objectives
Information System
a set of interrelated components that collects and or retrieve, process, store,
and distribute information to support decision making
Data
raw facts representing events
Information
, data that has been shaped into a form that is meaningful
Input
captures or collects raw data from within the organization
Processing
converts this raw input into a meaningful form
Output
transfers the processed information to the people who will use it or to the
activities for which it will be used
Feedback
output that is returned to the appropriate members of the organization to help
evaluate input stage
computer literacy
knowledge of information technology
MIS
Deals with behavioral & technical issues
culture
set of assumptions, values, and way of doing things
computer hardware
physical equipment used for input, processing, and output in an information
system
software
detailed, pre programmed instruction that controls and coordinates the
computer hardware
data management technology
