Exam 10: Information Systems
This typically consists of transactions from the transaction processing system.
D
Name and describe the four most common types of computer-based information systems.
The four most common types of computer-based information systems are:
1. Transaction Processing Systems (TPS): These systems are used to record and process day-to-day transactions such as sales, purchases, and inventory movements. They are essential for the operational activities of an organization and are designed to handle large volumes of transactions efficiently.
2. Management Information Systems (MIS): MIS are used by middle and senior management to make strategic decisions. These systems provide reports and summaries of the organization's performance, often using data from TPS. They help managers monitor performance, track progress, and make informed decisions.
3. Decision Support Systems (DSS): DSS are designed to help managers make decisions by providing access to relevant data and analysis tools. These systems often use advanced analytics and modeling techniques to support decision-making processes, such as forecasting, scenario analysis, and optimization.
4. Executive Support Systems (ESS): ESS are designed to provide strategic information to top-level executives to support their decision-making processes. These systems often include high-level summaries and visualizations of key performance indicators and other strategic information to help executives monitor the overall health and direction of the organization.
Each of these information systems plays a critical role in supporting different levels of decision-making within an organization, from day-to-day operations to strategic planning.
Middle-level managers are responsible for tactical planning and the implementation of long-term goals.
True
________-level managers need summarized information in weekly or monthly reports in order to develop budget projections and evaluate the performance of supervisors.
Describe in detail the six activities that make up the basis of a typical accounting system.
The research department identifies,investigates,and develops new products and services.
Basic activities in every accounting department,including sales order processing,accounts receivable,inventory and purchasing,accounts payable,and payroll,are recorded in the ________.
The executive support system helps top-level managers oversee the company's operations and develop strategic plans.
These systems are used in managing documents,communicating,and scheduling.
An example of this type of report would be a sales report that shows that certain items are selling significantly above or below forecasts.
In case of an unanticipated union strike,the manager in charge of manufacturing might consult the management information system to determine how it will affect production schedules.
A decision support system consists of four parts: the user,system software,data,and ________.
________ focus on managing documents,communicating,and scheduling.
________ models assist top-level managers in long-range planning,such as stating company objectives or planning plant locations.
This system is a flexible tool for data analysis,since its reports do not have a fixed format.
________ workers use OAS systems and are involved with the creation of information in their areas of expertise.
Office automation systems are designed primarily to support data workers.
Describe the functions of a decision support system,including a group decision support system.Differentiate between a DSS and a transaction processing system.
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