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Questions and Answers
What is the primary function of an information system?
What is the primary function of an information system?
- Interact with components to accomplish goals
- Collect, manipulate, and disseminate data (correct)
- Provide feedback to meet an objective
- Increase revenues and reduce costs for businesses
Which term is often mistaken for 'information'?
Which term is often mistaken for 'information'?
- Data (correct)
- Knowledge
- Processing
- Feedback
What is the definition of 'knowledge' in the context of information systems?
What is the definition of 'knowledge' in the context of information systems?
- Collection of organized facts
- Awareness and understanding of a set of information (correct)
- Set of tasks performed to achieve an outcome
- Raw facts
What are the components of a system as per the text?
What are the components of a system as per the text?
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Why is accurate and complete information important for an organization?
Why is accurate and complete information important for an organization?
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Study Notes
Information Systems
- The primary function of an information system is to collect, process, store, and disseminate information to support decision-making in an organization.
Key Concepts
- Data is often mistaken for 'information', but they are not the same thing.
- Knowledge in the context of information systems refers to the way an organization uses information to adapt to its environment, innovate, and improve performance.
System Components
- A system consists of five components: inputs, processing, storage, outputs, and feedback.
Importance of Accurate Information
- Accurate and complete information is crucial for an organization as it enables informed decision-making, reduces uncertainty, and improves overall performance.
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