Information Systems Overview - Business and Finance

<p>A numerical/symbolic representation of a characteristic (D)</p> Signup and view all the answers

<p>The representation, organization, and automated processing of information (B)</p> Signup and view all the answers

<p>To manage the processing and distribution of information (A)</p> Signup and view all the answers

<p>To achieve a competitive advantage and increase efficiency (A)</p> Signup and view all the answers

<p>Allocate by department or manage centrally by IT (A)</p> Signup and view all the answers

<p>Employee wages (B)</p> Signup and view all the answers

<p>Deciding whether to develop the application in-house or purchase it (D)</p> Signup and view all the answers

<p>Utilizing both internal and external resources for development (C)</p> Signup and view all the answers

<p>They connect devices for data transmission (A)</p> Signup and view all the answers

<p>It is choosing to use an existing application with no changes (B)</p> Signup and view all the answers

A computer processes data and turns it into useful information to solve problems and boost productivity.

A combination of people, devices, applications, processes, data, and information that gives companies the right info, at the right time.

To give the correct information to every decision-making part of a company at the right time.

The study of information processing and its uses, especially computers' methods, organization and automatic handling of info.

Data is raw facts (numbers, symbols, characteristics). Information is data that's processed to be useful.

A system that processes data and transforms it into information.

The business unit responsible for managing and distributing information in an organization.

A long-term, important objective for a company.

A factor or feature that allows a company to outperform its competitors.

The combination of hardware, software, and communication networks that support an information system.

A choice in software development: building software in-house or purchasing it from a vendor.

The process of allocating and controlling IT department funds.

The price at which a product or asset is bought and sold in the market.