Reference no: EM133037280

QUESTION 1

Businesses use information systems at all levels of operation to collect, process, and store data. Management aggregates and disseminates this data in the form of information needed to carry out the daily operations of the business. Everyone who works in business, from someone who pays the bills to the person who makes employment decisions, uses information systems. MIS is a people-oriented field with an emphasis on service through technology. In fact, there's a whole new world of doing business using new technologies for managing and organizing. What makes the MIS field the most exciting area of study in schools of business is the continuous change in technology, management, and business processes.

a. Briefly explain TWO (2) changes of paramount importance in the field of management information systems which is helps firms realize maximum benefit from investment in personnel, equipment, and business processes and you are encouraged to give relevant examples to support your answer.

b. An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization. How do you distinguish between data and information? Give an example to support your answer.