Management Information Systems: Managing The Digital Firm (16th Edition)
Management Information Systems: Managing The Digital Firm (16th Edition)
16th Edition
ISBN: 9780135191798
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Chapter 2, Problem 2RQ

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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 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...

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Characteristics of Management Information Systems (MIS):

  • 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...

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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

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(Short-answer) b. Continue from the previous question. Suppose part of the data you extracted from the data warehouse is the following.   Identify the missing values you think exist in the dataset. Use Column letter and Row number to refer to each missing value in the dataset. Please write down how you want to address each particular missing value (you can group them if they receive same treatment). For imputation, you do not need to calculate the exact imputed values but just describe what kind of value you want to use to impute.
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