Management Information Systems: Managing the Digital Firm (15th Edition)
15th Edition
ISBN: 9780134639710
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Chapter 2, Problem 2RQ
Explanation of Solution
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 which is used to track the required transaction involved in the business.
- It includes data required in transactions of the organization.
- It performs the transactions in different areas like sales, reservations, payrolls and many such...
Explanation of Solution
Characteristics of Management
- Depending on TPS, MIS helps in creating the reports related to operations...
Explanation of Solution
Characteristics of Decision Support System (DSS):
- DSS is user-friendly and interactive software which helps the users to work...
Explanation of Solution
Characteristics of Executive Support System (ESS):
- ESS extracts the information from DSS and MIS to insert the data into external sources...
Explanation of Solution
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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Management Information Systems: Managing the Digital Firm (15th Edition)
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