A business information system is a set of manual or computerized components for gathering, storing and processing business data and converting such data into useful decision oriented information.
- Hardware means computer equipment or machines.
- Software means instructions or programs, that instruct a computer on how to process data.
- People may be programmers, managers or the user who work on the computer resources in accomplishing their daily tasks.
- Data means raw facts or figures, which need to be processed using computer hardware and software.
- Information means processed data.
- Procedures are the rules that govern the activities.
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