Information System

• If an organization's information is not accurate or complete, people can make poor decisions, costing thousands, or even millions, of dollars
• Depending on the type of data you need, some characteristics become more important than others
• An information system can be manual or computerized
• Computerized information systems follow stock indexes and markets and suggest when large blocks of stocks should be purchased or sold
• ERP is the vehicle for integrating people, processes, and technologies across a modern enterprise
• Information systems have been developed to meet the needs of all types of organizations and people
• Speed and widespread use of information systems opens users to a variety of threats from unethical people
• Personal data, including Social Security and credit card numbers, can be lost or stolen through information systems
• To protect against threats to privacy and data, users should install security and control measures
• Use of information systems raises work concerns, including job loss through increased efficiency