1. What is the difference between information technology and information systems? Describe some of the functions of information systems. In your answer include two examples of information technologies and two examples of information systems.
Information technology is the use of computer hardware, software and associated technologies to process data and achieve company’s business objectives. Some examples of information technologies include mobile computer devices such as PDAs as well as online banking software.
Information technology can be thought of essentially as a way of implementation and management of computer information systems.
Information system is a computerized set of interrelated tools and procedures that collect and store data, and produce information. Main function of the information system is transforming the data into meaningful information and as a result supporting the decision making process. An information system can be for instance collecting employees’ personal details, bank account details and the amount of hours worked and turning it into monthly payroll and tax payments. Another example is paying bills online where the information about payment request such as amount, date and account details is collected, processed and sent to the correct bank account.
2. You are a marketing manager for a national movie theatre chain. Give and example of three pieces of data that your department could use for creating meaningful information. What type of information could that data produce?
Data is a stream of raw and unorganized facts that have no real meaning. Information is data that have been arranged into a meaningful and useful form. Its value is mainly in its ability to affect the decision making process and outcome.
A marketing department of a movie theatre chain could collect data containing the amount of tickets sold to a particular movie at various cinema locations on different days of the week, amount of concession