MIS Laudon Ch. 1

Specialized tasks performed by business organizations, consists of sales and marketing, manufacturing and production, finance and accounting, and human resources 14

How a company produces, delivers, and sells a product or service to create wealth 9

The set of logically related tasks and behaviours that organizations develop over time to produce specific business results, and the unique manner in which these activities are organized and coordinated. 6

Those assets required to derive value from a primary investment 20

CBIS

Information systems that rely on computer hardware and software for processing and disseminating information 13

The physical equipment used for input, processing output, and feedback activities in an information system. 15

Focuses primarily on knowledge of information technology 14

The detailed, preprogrammed instructions that control and coordinate the computer hardware components in an information system 16

Fundamental set of assumptions, values, and ways of doing things that has been accepted by most of its members 15

Streams of raw facts (representing events occurring in organizations or the physical environment) before they have been organized and arranged into a form that people can effectively understand and use. 11

The software governing the organization of data on physical storage media 16

Assist with paperwork at all levels of the firm, such as secretaries or clerks 14

One in which nearly all the organization's significant business relationships with customers, suppliers, and employees are digitally enabled and mediated 6

Private intranets extended to authorized users outside the organization; used to coordinate their activities with other firms for making purchases, collaborating on design, and other interorganizational work 16