Management Information System

Management Information System

MIS FINAL EXAM TIPS
1. Compare variety of information systems with its features and identify its data mining.
(a) TPS (TRANSACTION PROCESSING SYSTEM) / REAL TIME PROCESSING
Keep track of the elementary activities & transaction of the organization :
Sales, Receipts, Cash deposits, Credit decisions
The flow of materials in a factory
Production, Inventory, Purchasing, Receiving
Accounts payable, Billing, Accounts receivable
General ledger
Computerized system that performs & records daily routine transactions necessary to conduct business :
Sales order entry
Hotel reservations
Payroll
Employee record keeping
Shipping – Penghantaran
Computer database system that balances and controls purchases of goods and services within a business network.
Served hundreds or thousands of terminals with dozens or hundreds of transactions per second.
Is a software system, or software/hardware combination, that supports transaction processing.
Coordinates the warehousing and distribution of the item, the credit and bank transaction from the consumer's payment account, and the business's management of inventory, sales, profits and payroll.
Functions:
To answer routine questions and to track the flow of transactions through the organization
Monitor the status of internal operations & the firm’s relations with the external environment
Major producers of information for the other systems and business functions
Often central to a business, because failure for a few hours can lead to a firm’s demise & others firms linked to it.
support routine day-to-day activities that occur in the normal course of business that help the company add value to its products and services. 
bring data into the organizational databases, these systems are also a foundation on which management oriented information systems rest.
Features:
Performance – Fast performance, number of transactions in a given period
Continuous availability - Must be available during the time period when...

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