Chapter 13 ISYS

What is another name for demand reports?

Ad hoc reports

Analysis and Predictive Reports include combinations of _______, ________, and _________ reports.

Budget, Forecast, and Variance

Transaction processing systems(TPS)

EX: a hardware store produces a sales report from their computerized registers on a daily basis. The computerized cash register has software installed called a transaction processing system that collects and stores data(typically in a database) regarding the hardware store's daily sales.

Which level report(s) use internal and external data?

Executive and Managers

______ reports are sometimes better at pointing out trends that ______ reports cannot.

Graphical, Numeric

Phinney Notes

Phinney Notes

What are the three main aspects of reporting?

Reporting Summarization levels, Analysis & Predictive Reporting, Management Level Reporting

Completely summarized reports support what type of decisions?

Strategic

What type of decisions do reports help businesses make?

Strategic and tactical decisions

What are our goals?=

Strategic decision making

Which level report(s) use internal data?

Supervisors and Laborers

TPS Reports support what type of decisions?

Tactical

how do we accomplish our goals?

Tactical Decision Making

Grace like the ___.

Zebra

Business systems reporting (AKA reporting)

describes informational output from an information system to facilitate decision making

Top level executive reporting requires very little _____ and mostly _______.

detail, summarization

The lower in the level of management you go, the more ______ and less ________ reports become.

detailed, summarized

Supervisory reports are considered what?

highly detailed

What is useful data?

information

For ___ strategic decision, you have _____ tactical decisions.

one, more than one

Strategic decisions

refer to long-term planning designed to achieve a specific goal AKA: long term decisions

Reporting Summarization Levels

refers to the level of detail or level of summarization in a report

Management Level Reporting

refers to the level of detail or summarization appropriate for a certain level of employee regardless of the report type.

Trend Reporting

reports that begin to revel trends or tendencies in a business

Demand Reports

reports that can be produced whenever needed

Analysis & Predictive Reporting

reports used to analyze information and are predictive in nature in order to make strategic and/or tactical decisions

Every business has limited ______ and deals with _____.

resources, competition

Tactical decisions

specific actions that serve a larger purpose AKA: smaller decisions to help meet strategic decisions

Reports that are completely summarized are generally always _______ in nature.

strategic

What is the ultimate purpose for all business reporting?

to make sound business decisions