ITIS 2P91 Study Guide - Final Guide: Enterprise Application Integration, Business Object, Manufacturing Resource Planning

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Document Summary

Inputs for functional area info systems and business intelligence systems, business operations (customer relationship mgmt, knowledge mgmt, ec). Monitor, collect, store and process data from a company"s business transactions. Batch processing: data are collected from transactions as they occur and are placed into groups or batches, and the system prepares and processes the batches periodically. Online transaction processing: business transactions processed online as soon as they occur. Source data automation: organizations automate tps data entry because of the large volumes of data involved. Provides support for the various functional areas in an organization by increasing each area"s internal efficiency and effectiveness. Manage money flows into, within, and out of the organizations. Financial planning, budgeting, handling multiple currencies, investment mgmt, budgetary control, auditing, payroll, capital budgeting (financing of asset acquisitions) A successful organization must understand its customer"s needs and wants and develop its marketing and advertising strategies around them.