EBK ESSENTIALS OF MIS
12th Edition
ISBN: 8220101459305
Author: LAUDON
Publisher: PEARSON
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Chapter 2, Problem 2RQ
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Business intelligence systems:
- It defines applications, technologies and practices followed to analyze, manage and maintain the data required by organization.
- The data is maintained to represent the business views of the organization.
- It is significant in because it is used in improving the efficiency of the organization like high productivity with low investment...
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Characteristics of Transaction Processing Systems (TPS) in business:
- TPS provides required services at all the levels of management of organization.
- It is an automated system used to track the required transaction involved in the business...
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Role of TPS in business:
- TPS provides required data to all types of systems.
- It helps in checking the eligibility of the customers...
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Characteristics of Management
- Depending on TPS, MIS helps in creating the reports related to operations...
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Characteristics of Decision Support System (DSS):
- DSS is user-friendly and interactive software which helps the users to work...
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Characteristics of Executive Support System (ESS):
- ESS extracts the information from DSS and MIS to insert the data into external sources...
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Usage of enterprise applications to improve the organizational performance:
- Supply Chain Management (SCM) used in marinating and managing the business and its dealers...
Explanation of Solution
Benefits of different systems related to business:
- Enterprise system is used to complete the project in less time.
- Benefits of enterprise systems
- It helps in synchronization, effectiveness and development of data flows.
- It is used in decreasing the product price, improving the goods, customer needs and reputation of firm.
- Benefits of SCM
- It is used in tracking the status of order.
- It is used to decrease the transport, cost and inventory of data warehouse...
- Benefits of enterprise systems
Explanation of Solution
Intranet and extranet in business:
- Intranet and extranet is used for improving the business performance
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