Infosys Reviewer
Infosys Reviewer
LESSON 1: INFORMATION SYSTEMS CONCEPTS Programs: operating system programs, spreadsheet programs, word processing programs, payroll
Information: Processes, manipulated, and interpreted data. It is the collection of data organized in such a way that they programs
have value beyond the data itself. Information is created by defining and organizing relationships among data. Procedures: data entry procedures, error correction procedures, paycheck distribution procedures
d. Data Resources – raw facts and figures that are unorganized that are later processed to generate information
System: A set of components that work together to achieve a common goal. Accepts input, processes it, and produces an product descriptions, customer records, employee files, inventory databases
output. Composed of one or more subsystems. May be a closed or open system. e. Network Resources - telecommunication technologies and networks like the internet, intranets, and extranets
Closed System: A stand-alone system that does not interact with other systems. are essential to the successful e-business and e-commerce operations of all types of organizations and their
computer-based information systems
Open System: Interacts with another system. Communications media, communications processors, network access, control software
Input: Capture the data to be processes f. Information Products – collections of content that are processed as a unit and are designed to help users access
Processing: Change the data into information and use information
Output: Disseminate the information product to its destination. Management reports and business documents using text and graphic displays, audio responses, and
paper forms
INFORMATION SYSTEMS (IS): Can be an organized combination of people, hardware, software, communication networks,
data resources, and policies and procedures that stores, retrieves, transforms, and disseminate information in an Information System and the Decision-Making Process
organization.
People rely on modern information systems to communicate with one another using:
A variety of physical devices (hardware)
Information processing instructions and procedures (software)
Communications channels (networks)
Stored data (data resources)
Framework of Major Areas
1. Foundation Concepts: Fundamental behavior, technical business, and managerial concepts about IS.
2. Information Technologies: Major concepts, developments, and management issues in IT.
3. Business Applications: Major uses of IS for operations, management, and competitive advantaged.
4. Development Process: How an IS is planned, developed, and implemented to meet business opportunities.
5. Management Challenges: Effectively and ethically managing IT at the end-user, enterprise, and global levels of
business.
Components of Information Systems For operations support: help run the daily business, but do not provide too much information for managerial decision-
making.
1. People, hardware, software, data, and networks: the basic components of IS>
2. People resources: include end users and IS specialists, hardware resources consist of machines and media, Specialized processing system
software resources include both programs and procedures, data resources include data and knowledge bases, Transaction processing systems (batch or real-time)
and networks. Process Control Systems (industrial processes)
3. Data resources: transformed by information processing activities into a variety of information products for end Enterprise Collaboration Systems (office autonomation; team communication/productivity)
users.
4. Information processing consists of the system activities of input, processing, output, storage, and control. For management support: providing info and support for effective decision making by managers
Information System Resources and Products Management Information Systems (pre-defined reports) e.g. Annual budgeting, sales analysis
Decision Support Systems (modeling; what if analysis) e.g. Contract cost-analysis, ad hoc supports
a. People Resources - associated with the manpower required to run and manage the system. Executive Information Systems (Internal/external sources) e.g. 5-year operating plan, critical info from MIS, DSS
Specialists: System analysts, software developers, system operators Specialized processing system
End Users: anyone else who uses information systems
b. Hardware Resources - all physical devices and materials used in information processing
Machines: computers, video monitors, magnetic disc drives, printers, optical scanners
Media: floppy disks, magnetic tape, optical disks, plastic cards, paper forms
LESSON 2: COMPUTER RESOURCE 3. THIRD GENERATION (1960S-1970S): Brought the invention of INTEGRATED CIRCUITS (ICs), which combined
multiple transistors onto a single chip.
Computer Resources refers to a wide range of tools and components, both tangible and intangible, required for performing
computational tasks. Examples:
Key Categories: o Minicomputers: Smaller, less expensive computers like the DEC PDP 8
o Large Mainframes: Dominant computers of the era, large and costly but powerful.
Hardware
Software Characteristics:
Data o Reduced cost, size and improved performance of computers.
Network o Powerful computers for complex business and scientific operations.
Human Resource o Constrained memory capacity. Basic and complex programming tools for non-experts.
Energy Resource 4. FOURTH GENERATION (1970S-1990S): The development of MICROPROCESSORS— entire CPUs integrated onto a
Early Beginnings of Early Beginnings of Computer Resources single chip. This generation marked the beginning of personal computing.
Pre-Computing Tools. The early tools and devices used for calculations and data processing: Abacus, Punch Cards, Slide Examples:
Rule, Napier’s Bones, Mechanical Calculators o The introduction of microprocessors like the Intel 4004 led to the development of personal computers,
Hardware refers to the physical components of a computer system, such as the CPU, memory, and storage devices. including the Apple II, IBM PC, and Commodore 64.
Challenges of Computer Resources 1. CAD Software: Computer-Aided Design (CAD) software is essential for engineers to create precise 2D and 3D
models.
1. Resource allocation and scalability: Overutilization in computer resources, especially within the context of 2. Numerical Computing Tools: Numerical computing tools, such as MATLAB, are used for performing complex
information systems, refers to the situation where computing resources such as processors, memory, storage, or calculations, simulations, and algorithm development.
network bandwidth are used beyond their optimal capacity. When resources are overutilized, the system cannot 3. FEA Software: FEA software or the Finite Element Analysis (FEA) Software, like Abaqus, is crucial for assessing
handle additional requests efficiently, leading to several problems. (Ex. When the system’s CPU or memory is how structures will behave under various conditions.
overutilized, response times increase, making applications and processes run slower than expected.) 4. Data Analysis Tool: Data analysis tools, such as Microsoft Excel, enable engineers to manipulate and interpret
2. Obsolescence: Hardware obsolescence refers to the process by which hardware becomes outdated, no longer data effectively.
supported, or unable to meet current technological needs due to advances in technology, changes in software 5. Simulation Software: Simulation software allows engineers to model and test systems under various scenarios
requirements, or a lack of compatibility with modern systems. As newer and more efficient hardware is without physical prototypes.
developed, older hardware may struggle to keep up, leading to performance issues, inefficiencies, and increased 6. BIM Software: revolutionizes such as Revit, architecture, engineering, and construction (AEC) industry by
costs. (Ex. Obsolete hardware often no longer receives firmware or security updates, leaving systems exposed to providing a digital representation of a building's physical and functional characteristics.
security risks.) 7. Automation Software: Automation software streamlines repetitive tasks, reducing manual labor and increasing
3. Security and Data Privacy: Data Breaches and Unauthorized Access, Distributed Denial of Service (DDoS) Attacks, efficiency.
and Insider Threats are some of the cybersecurity issues that the resources might face. Cybersecurity issues in
computer resources (CR) arise when systems are exposed to risks that could compromise the confidentiality,
integrity, or availability of data and operations. As organizations increasingly rely on complex IT infrastructures, Lesson 3: General Systems Model of a Firm
protecting these resources from cyber threats becomes more challenging. A firm is a business entity that aims to profit by selling goods and services.
o Data Breaches - unauthorized access to sensitive data.
o DDoS Attacks - exploit the fact that many systems have limited capacity to handle a surge in traffic. Types of Firms
o Insider Threats - occur when individuals within an organization misuse their access to computer Sole Proprietorship - a sole proprietorship is a business owned and run by one individual. This person is entirely
resources for malicious purposes accountable for all expenses and obligations and holds ownership of all assets related to the business
Partnership - a partnership is a business owned by two or more individuals, with no maximum limit on the number
Future Trends of partners who can hold an ownership interest.
1. Emerging Technologies: When talking about emerging technology it is mainly used for describing two things: Corporation - are public companies that are legally distinct from their owners, setting them apart from other types
New Technology and Development in Existing Technology. of firms.
2. Ai and Machine Learning: AI is a trained final output machine which mimic like human brain ML is a subset of AI. Cooperative - A cooperative is like a corporation in that its owners enjoy limited liability; however, unlike a
It is a technique to achieve AI. corporation, its members have a voice in the company's operations.
3. Edge Computing: A distributed information technology (IT) architecture in which client data is processed at the
How do Firms function?
periphery of the network, as close to the originating source as possible.
4. Quantum Computing: Represents a radical departure from classical computing, promising to solve complex Input: are the resources that a company uses to create goods or services.
problems that are currently intractable for classical computers.
Process: process component includes the activities that turn inputs into outputs.
5. Augmented Reality (AR):
o Overlay of Real and Digital World Output: the results of these processes manifest as completed products, provided services, financial outcomes, customer
o Registration and alignment in 3D insights, and the overall standing in the market.
o Real time interaction
6. Virtual Reality (VR)
a. The creation of a virtual world where others may react.
General Systems Model: is a conceptual framework that views an organization as an open system interacting with its What is Value Chain?
environment.
It is a series (chain) of activities that includes inbound logistics, warehouse and storage, production and manufacturing,
finished product storage, outbound logistics, marketing and sales, and customer service.
Physical Resource Flow: refers to the movement of tangible resources within a firm.
Virtual Resource Flow: refers to the movement of intangible resources within a firm.
Firm's Control Mechanism:
Performance Standard: a benchmark or target set by management that defines the expected level of
performance in specific areas, such as productivity, quality, efficiency, or financial results. Supply Chain Management
Information Processor: collects, analyzes, and reports data regarding the organization’s performance. This can The strategic coordination of business functions within a business organization and throughout its supply chain for the
include automated systems or manual processes purpose of integrating supply and demand management.
Management: responsible for interpreting the data and making decisions based on how actual performance
compares to the performance standards. A supply chain is the sequence of organizations—their facilities, functions, and activities— that are involved in producing
and delivering a product or service. The sequence begins with basic suppliers of raw materials and extends all the way to
Feedback Loop in a Firm the final customer.
Feedback loop is a process in which information about the outcome or performance which involves collecting inputs from The goal of supply chain management is to match supply to demand as effectively and efficiently as possible. Key issues
customers, employees, or other stakeholders, analyzing the data, and utilizing the insights to help identify the areas for relate to:
improvement and drive positive changes.
Determining the appropriate level of outsourcing.
Positive Feedback Loop: A positive feedback loop starts when a customer or employee shares a great review Managing procurement.
about the business. These loops help to reinforce positive action and encourage repeat business. Managing suppliers.
Negative Feedback Loop: A negative feedback loop is the cycle of turning customer or employee complaints into Managing customer relationships.
improvements. These loops help to find problem areas and spot issues before they escalate further. Being able to quickly identify problems and respond to them.
How to Create an Effective Feedback Loop? Enterprise Resource Planning: It is a software that helps integrate the components of a company, including most of the
Set goals and objectives. supply chain processes, by sharing and organizing information and data among supply chain members.
Choose the right channels. Customer Relationship Management: It is the combination of practices, strategies and technologies that companies use to
Focus on accessibility and ease of use. manage and analyze customer interactions and data throughout the customer lifecycle.
Act on feedback.
Frequently review feedback loops. The key features of a CRM system include the following: