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12 terms

AIS ch.1

STUDY
PLAY
System
a set of two or more interrelated components that interact to achieve a goal
Data
facts that are collected, recorded, stored and processed by an information system
Information
data that have been organized and processed to provide meaning to a user
Goal conflict
occurs when a decision or action of a subsystem in inconsistent with another subsystem or the system as a whole
goal congruence
is achieved when a subsystem achieves its goals while contributing to the organizatinos overall goal
Information overload
passing the limit to the amount of information the human mind can effectively absorb and process
Synergy
the entire system of organizational activities is greater than the sum of each individual part
relevant, reliable, complete, timely, understandable, verifiable, accessible
characteristics that make information useful
accounting information system
a system that collects, records, stores, and processes data to produce information for decision makers.
inbound logistics, operations, outbound logistics, marketing and sales, service
Value chain
Product differentiation, low cost
two basic business strategies
Variety based, needs based, access based
three strategic positions