MIS Quiz-Chapter 10

Transaction Processing Systems

-Are the refrigerators of the IT world -These are the systems that underlie everything we do -Payroll; clock-in and out -Scanning Barcode Note: The barcode scanner is an example of source data automation

Online Transaction Processing(OLTP)

After credit card purchase was made they automatically call you.

Enterprise Resource Planning System

Every fortune 1000 companies run with ERP. All of my data is in one place: A Business process is a set of related steps or procedures designed to produce a specific outcome.

How Transaction Processing Systems Manage Data

Foundation for everything that businesses do -How does Harris Teeter know if they need to reorder a product? -Transaction Processing System

Summary Reports

Summary reports provide summarized information, with less detail. A key indicator report summarizes the performance of critical activities. Exception reports include only information that falls outside certain threshold standards.

Benefits and Limitations of ERP Systems

They can: Make organizations more flexible, agile, and adaptive. Improve managers' ability to make better, more timely decisions Improve customer service, production, and distribution Limitations of ERP Systems Require organizations to change existing business processes to fit the ERP. Complex, expensive, and time consuming to implement.

Functional Area Information Systems

are designed to support a functional area by increasing its internal effectiveness and efficiency in the following areas: Accounting Finance Marketing Operations(POM) Human Resources Management

Exception Reports

include only information that falls outside certain threshold standards.

Detailed reports

provide high levels of detailed data, often in support of summary reports.

Drill Down Reports

report allows users to click on an item in a report and be able to access underlying details about that item.

Key indicator report

summarizes the performance of critical activities.