MANAGEMENT INFORMATION SYSTEMS
MANAGEMENT INFORMATION SYSTEMS
15th Edition
ISBN: 9780134640037
Author: 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 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

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