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 Information Systems (MIS):

• 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...

Explanation of Solution

Intranet and extranet in business:

• Intranet and extranet is used for improving the business performance