This document defines key concepts in management information systems. It discusses data, which is raw user input, and information, which is processed data that has meaning. An example is given of a student admission form containing data that is processed into a student ID card containing information. The document also defines policies as principles to guide decisions, strategies as plans of action to achieve policies, and procedures as step-by-step guidelines for how policies and strategies are implemented. Finally, it provides a comparison of how policies prescribe what should be done, strategies define when and where, and procedures outline how and who will implement tasks.