MIS Exam 3 UPDATED ACTUAL Questions And Correct Answers
C
Terms in this set (226)
transaction any business event that generates data worth capturing and storing in a database
ex: a product manufactured, a service sold, a person hired, and a payroll check
generated; another example: each time the cashier swipes an item across the bar
code reader
transaction processing system (TPS) information system that supports the monitoring, collection, storage, and
processing of data from the organization's basic business transactions, each of
which generates data
batch processing and online transaction processing 2 types of transaction processing systems:
(OLTP)
batch processing Periodically
Transaction processing system (TPS) that processes data in batches at fixed
periodic intervals; Firm collects data from transactions as they occur, placing
them in batches, then processes the batches periodically
Online Transaction Processing (OLTP) Immediately
Transaction processing system (TPS) that processes data after transactions occur,
frequently in real time.
transaction processing system (TPS) characteristics -Continuous 'real-time' data collection
-Efficiently handle high volumes of data and large variations in those volumes
-Avoid errors and downtime
-Record results accurately and securely
-Maintain privacy and security
-Source data automation
Figure 10.1 how transaction processing systems manage business event or transaction --->transaction processing system------
data >organization's database
within transaction processing system is detailed reports
an organization's database functional area information system (FAIS), decision support system (DSS), business
intelligence (BI), and expert system(ES) are a part of what?
functional area information systems Systems that provide information to managers (usually mid-level) in the functional
areas to better support managerial tasks of planning, organizing, and controlling
operations
, -IS for accounting and finance each department in the functional area information systems has its own
-IS for marketing applications for its IS functions:
-IS for production/operations management (POM)
-IS for human resource management (HRM)
IS for accounting and finance mission: manage money flows into, within, and out of organizations
-financial planning and budgeting
-managing financial transactions
-investment management
-control and auditing
IS for marketing understanding customer needs and wants and developing marketing strategies is
essential
IS for production/operations management mission: responsible for the processes that transform inputs into useful outputs as
well as for the overall operation of the business; managing the organization's
supply chain
-In-House Logistics and Materials Management
-Inventory Management
-Quality Control
-Planning Production and Operations
computer-integrated manufacturing and product life cycle management
computer-integrated manufacturing An information system that integrates various automated factory systems; also
called digital manufacturing.
product life cycle management is a business strategy that enables manufacturers to share product-related data
that support product design and development and supply chain operations
C
Terms in this set (226)
transaction any business event that generates data worth capturing and storing in a database
ex: a product manufactured, a service sold, a person hired, and a payroll check
generated; another example: each time the cashier swipes an item across the bar
code reader
transaction processing system (TPS) information system that supports the monitoring, collection, storage, and
processing of data from the organization's basic business transactions, each of
which generates data
batch processing and online transaction processing 2 types of transaction processing systems:
(OLTP)
batch processing Periodically
Transaction processing system (TPS) that processes data in batches at fixed
periodic intervals; Firm collects data from transactions as they occur, placing
them in batches, then processes the batches periodically
Online Transaction Processing (OLTP) Immediately
Transaction processing system (TPS) that processes data after transactions occur,
frequently in real time.
transaction processing system (TPS) characteristics -Continuous 'real-time' data collection
-Efficiently handle high volumes of data and large variations in those volumes
-Avoid errors and downtime
-Record results accurately and securely
-Maintain privacy and security
-Source data automation
Figure 10.1 how transaction processing systems manage business event or transaction --->transaction processing system------
data >organization's database
within transaction processing system is detailed reports
an organization's database functional area information system (FAIS), decision support system (DSS), business
intelligence (BI), and expert system(ES) are a part of what?
functional area information systems Systems that provide information to managers (usually mid-level) in the functional
areas to better support managerial tasks of planning, organizing, and controlling
operations
, -IS for accounting and finance each department in the functional area information systems has its own
-IS for marketing applications for its IS functions:
-IS for production/operations management (POM)
-IS for human resource management (HRM)
IS for accounting and finance mission: manage money flows into, within, and out of organizations
-financial planning and budgeting
-managing financial transactions
-investment management
-control and auditing
IS for marketing understanding customer needs and wants and developing marketing strategies is
essential
IS for production/operations management mission: responsible for the processes that transform inputs into useful outputs as
well as for the overall operation of the business; managing the organization's
supply chain
-In-House Logistics and Materials Management
-Inventory Management
-Quality Control
-Planning Production and Operations
computer-integrated manufacturing and product life cycle management
computer-integrated manufacturing An information system that integrates various automated factory systems; also
called digital manufacturing.
product life cycle management is a business strategy that enables manufacturers to share product-related data
that support product design and development and supply chain operations
