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Upon successful completion of this chapter, you will be able to: describe the differences between data, information, and knowledge; Easy Everyday Favorites: From the Worlds All Through The Night Vores Jul Management Information Systems (MIS) is a challenging field of study focused on integrating computer-based information technology solutions and business processes to meet the information needs of businesses and other enterprises. The computer-based information technology is viewed as an instrument for generating, processing and distributing information.