describes the system boundaries, the actors and their responsibilities, and the services offered by the system. Interactions between the system and its environment are identified and might also be detailed by modelling stimuli and responses using UML sequence diagrams.
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what term information mean
It stands for INFORMATION SUPERHIGHWAY, a term use to describe internet. It is also called digital telecommunication system or internet telecommunication networks.
Technically, almost anything in the system holds binary information at some point. But you probably mean RAM (for currently-running programs) or a hard drive / SSD (for longer-term storage, or when the computer is off).
sensory, short term and long term
baud rate