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CMIS 351 Lesson 2: Business Process and Decision Making

Deleted user User has deleted their subject information English 7 cards

Cards in this deck (7)

  1. 1Components of business process1. activities
    2. resources
    3. facilities
    4. information
  2. 2What is information?-knowledge derived from data
    -data presented in meaningful context
    -data processed by summing, ordering, averaging, grouping, comparing, etc.
    -difference that makes a difference
  3. 3Role of information in business processes-business processes generate info
    -info lets us know when we need to make payments for goods and services
    -info helps us keep track of deliveries
    -info keeps inventory up to date
    -info manages business processes
  4. 4How IS supports decision making-data are important part of IS
    -data can be transformed into info
    -info important starting point for decision making
    -IS support decision making by providing info (raw material)
  5. 5Decision making steps1. intelligence gathering
    2. alternatives formulation
    3. choice
    4. implementation
    5. review
  6. 6Decisions making levels1. operational: day to day activities
    2. managerial: allocation and use of resources
    3. strategic: broader-scope, organizational issues
  7. 7Decision making structures1. structured: formalized and accepted method
    2. unstructured: no agreed-on method

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Description
Lesson 2 Learning Objectives
Created by
Deleted user · Mar 2021
Updated
Mar 31, 2021
Views
7
History
  • Created by Adriana Vincelli-Joma · Dec 6, 2019
  • Copied by Adriana Vincelli-Joma · Mar 31, 2021
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