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MANAGEMENT INFORMATION SYSTEMS • Data Raw facts and figures. • Information Knowledge gained from processing data. • Management information system (MIS) Organized method for providing past, present, and projected information to support decision making. • Chief information officer • Generally assists multiple departments throughout an organization. • Field show strong potential for growth. • Can prevent gridlock by organizing data. Databases • Centralized integrated collection of data resources. • Online systems also provide information to decision makers. Business Intelligence • Data mining or business intelligence • Can help create customer profiles, pinpoint reasons for customer loyalty, analyze the impact of pricing changes, and forecast sales. INFORMATION SYSTEMS FOR DECISION MAKING Decision Support System • Information system that quickly provides relevant data to help businesspeople make decisions and choose courses of action. • Executive Support Systems • Expert Systems Trends in Information Systems Local Area and Wide Area Networks • LANS connect machines within limited areas. • WANS tie larger geographical regions together • Wi-Fi Wireless network Application Service Providers and On-Demand Computing ASP Specialist in both computers and application support • On-demand computing COMPUTER HARDWARE AND SOFTWARE • Computers have become indispensable as they have gotten more powerful and less expensive. Types of Computer Hardware • Mainframe • Minicomputer • Personal computer • Handheld devices Types of Computer Software • Set of instructions that tell the computer hardware what to do. • Operating system • Application software HOW COMPUTERS HELP BUSINESSPEOPLE • Improves the speed and effectiveness of decision making. • Make available to everyone accurate, unbiased data. • Support team decision making at low levels of an organization’s hierarchy. • Collaboration on reports and other projects from different locations. Enterprise Resource Planning System • Collects, processes, and provides information. Word Processing • Inputs, stores, retrieves, edits, and prints various types of documents. • Desktop publishing. Spreadsheets • Computerized equivalent of an accountant’s worksheet. Electronic Mail • Popular programs include Microsoft Outlook, Outlook Express, and Eudora. Presentation Graphics • Computer program that includes graphics and tools to produce a variety of charts, graphs, and pictures. Multimedia and Interactive Media • Technologies that integrate two or more types of media. INTRANETS, VIRTUAL PRIVATE NETWORKS, AND VoIP Intranets • A computer network that links employees and other authorized users. • Firewalls Virtual Private Networks • Secure connections between two points on the Internet. VoIP • Special software that transmits phone conversations over the Internet, rather than through telephone lines. PROTECTING INFORMATION SYSTEMS E-Crime • Theft or alteration of data. • Theft of physical equipment. Computer Viruses, Worms, Trojan Horses, and Spyware • All of them can infect, in addition to computers, handheld devices such as cell phones. DISASTER RECOVERY AND BACKUP • Companies use disaster recovery planning to decide how to prevent system failures and continue operations if computer systems fail. • Routinely backing up software and data. • Some companies offer data backup and disaster recovery services.