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Managing Information Technology
Business Textbooks Boundless Business Managing Information Technology
Business Textbooks Boundless Business
Business Textbooks
Business

Section 2

Decision Making

Book Version 6
By Boundless
Boundless Business
Business
by Boundless
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5 concepts
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Expert Systems

An expert system consists of both an inference engine and a knowledge base and has decision-making abilities.

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Informed Decisions

Effectively transforming data into actionable information is the key to using information technology to improve decision making.

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Information and Risk Trade-Off

IT risk relates to the business risk associated with the use, ownership, operation, involvement, and adoption of IT within an enterprise.

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Information and Knowledge

Knowledge is acquired through the use of and access to information.

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Data and Information

Data consists of nothing but facts, which can be manipulated to make it useful; the analytical process turns the data into information.

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