ITEC 1000 Chapter Notes - Chapter 1: Videotelephony, Elementary Arithmetic, Knowledge Representation And Reasoning

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Basic concepts part 2: transaction processing systems (tps) capture and record information about the transactions that affect the organization. A transaction occurs each time a sale is made, supplies are ordered, an interest payment is made. Usually these transactions create credit or debit entries in accounting ledgers. This kind of iss were among the first to be automated by computers. The modern tps use state-of-the-art technology, for instance, in the form of on-line. Tps: management information systems (mis) are systems that take information captured by. Tps and produce reports that management needs for planning and controlling the business. Mis are possible because the information has been captured by the tps and placed in organizational databases: executive information systems (eis) provide information for executives to use in strategic planning. Whereas an mis produce reports, dss provide an interactive environment in which decision makers can quickly manipulate data and models of business operations.

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