Wednesday, July 13, 2016

BUS 188: Chapter 1 Outline

Matthew Mercado
07/12/16
BUS 188 (11:00am-3:00pm)
Chapter 1 Outline (2 page minimum)
Aggarwal

Chapter 1 Outline

                  Since the conception of the Digital Revolution in the 1970s, the digital age began to shape the way people view technology. Prior to going digital, we primarily relied on mechanical and analog devices, but for the most part digital devices had much more capabilities. In the 1970s, a man named Gordon Bell stated that digital devices would only continue to grow every 10 years. This principle of his was known as “Bell’s Law” and since then, each year brought about new changes in technology. Each and every year, an invention would revolutionize the world and to this day, we still use them and they’ve only gotten better. PC computers were made popular in the 1980s while in the 90s; cellphones and the Internet became the norm. Then, in the year 2000, just about every digital was network-enables and social networking paved way for the future.  The boundary of the new tech has garnered much attention that we, the people, are waiting in anticipation of what the next big thing will be. Technology, one way or another, is integrating itself into everyday life and is making our life much more convenient and advanced than ever before.
                 
                  Aside from Bell’s Law, other laws have implicated an advancement of various attributes related to digital devices such as cost of data approaching zero (Moore’s Law), networks increasing when connected together (Metcalfe’s Law), the speed of networks greatly improving (Nielsen’s Law), and capacity (storage) to grow (Kryder’s Law). All these laws and advancements in technology point in one direction: MIS. MIS primarily will help us in 4 fields: Abstract reasoning, systems thinking, collaboration, and ability to experiment. We apply each of these skills in business to better grasp MIS’ influence plays a huge role in our lives. Abstract reasoning deals with the creation/conception of models that’ll become a basis for understanding information. Systems thinking focuses on all components relating to a system and how they help shape that system. Collaboration is the workload of two or more to help illustrate teamwork and efficiency. Experimentation is all about thinking outside the boy – analyzing solution, seeing discrepancies/problems, and seeking opportunities. Having the knowledge of these skills as well as understanding MIS helps clarify three things: The background to assess, evaluate, and apply information systems technology to business, give people a tight job security through marketable skills (Abstraction, Systems thinking, Collaboration, and Experimentation), and understanding that most MIS-related jobs are high in demand.
                 
                  MIS is best defines as the management and use of information systems to help organizations achieve their strategies. MIS’s definition is often mistaken for Information systems (abbreviated IS) or Information Technology (abbreviated as IT). These three words mean completely different things, but all three work together. Information Systems is best defined as an assembly of hardware, software, data, procedures, and people that help produced information whereas Information Technology is the actual products, methods, inventions, and standards use to product information. In a sense, IT helps IS and together: MIS. MIS has 3 critical elements: Management and usage, information systems, and developing strategies.

                  A system is defines as a group of parts interacting to achieve a purpose. The framework to best help describe a system would be the Five-component framework: a model of information system: Hardware, software, data, procedures, and people. For example, when writing a post on Facebook on any device: we are using the monitor, keyboard, and the computer itself (Hardware), using Facebook (Software), the letters, emojis, and symbols for typing (Data), using an Internet Browser to open up the application (Procedure), and lastly us. The Five-component framework is an assembly of parts working together for the single purpose of achieving a goal. The framework is breaking down everything and illustrating how each of these steps is achieved in order in full detail. We may not think much when accessing Facebook on any device, but the details that go into how we access the application, what particular device we are using, what words/letters you are inputting, and what browser we are using to access Facebook show us that everything we use as a system filled with information. However, information systems do encounter problems regardless of efforts. Referring back to Facebook, the browser to open it may not open right away or perhaps the computer itself is at fault.  The solution is to understand the route of the problem and find an effective solution to remedy it. The Five-component framework’s usage in developing new systems only shows how all components work together, develop, and create strategies.
                 
                  Information is something we, day to day, acquire from all platforms. Information isn’t clearly defined or rather the context of the definition can be interpreted in multiple ways. Information could be defined knowledge derived from data or perhaps it also could be defined as data presented in meaningful context. Another such definition of the word could be processed data through a set of operations. The point is ~ any data we collect is produced as information. Going back to Facebook, when scrolling each other’s walls and reading articles, posts, and pictures ~ that is data that could be used as information. We could see an article on the latest trends and use that data to understand why those trends became trends. Information is floating everywhere and as human beings, we are conscious that we receive data 24/7 because we are able to conceive data as that of value. Information, whether minimal or huge in scale, benefits us based on the data presented. An important thing to note is that the data presented has to be: Accurate, timely relevant, sufficient, and worth its cost. Data could be misconstrued because it could be misrepresented as something else. Accuracy entails validity and truth ~ does the data hold up and does it present itself in a way that is understandable? Another thing to note is the context of the data – is it relevant or not to the situation. Say someone does a research paper on Google and gathers data, cites their sources, and includes a bibliography page. However, what if the data they’ve gathered on Google isn’t up-to-date or relevant now? It is critical to now only see if the data is accurate and relevant today, but if it’s sufficient enough to understand. Lastly, data itself isn’t free as developing information systems, costs of operating and maintaining such systems, and timely and salary costs for processing that data.

                  Knowledge acquires all sorts of inputs and outputs and in network; everything mends together to form presentable information. However, this is contingent on the basis of the data gathered. Technology today has been evolving and information is much easier to access. There are entire databases dedicated to collecting information that, for example, the MLK Library, is providing to the public. Information is as essential as air; it’s something we need in order to survive. At this rate, technology and information systems will only continue to advance and will pave way for the future.

                  

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