34 Questions
What is the primary purpose of an ERP system?
To integrate various business processes and functions across different departments
What is a characteristic of an ERP system’s database?
Centralized and unified across the organization
What are ERP systems composed of?
Different modules or applications tailored to specific business functions
What is a benefit of using an ERP system?
It streamlines and automates multiple business processes
What is a characteristic of an ERP system?
It is designed for a multisite, global organization
What does an ERP system provide?
A unified view of information across the organization
What is a primary benefit of eliminating legacy systems?
Improving access to data for operational decision making
What is a potential risk associated with using one vendor?
Difficulty integrating with other systems
What is the primary function of Transaction Processing Systems (TPSs)?
Updating records about fundamental business operations
What is a potential difficulty in implementing change?
Expense and time in implementation
What is a benefit of improving work processes?
Based on best practices
What is a potential consequence of using legacy systems?
Inflexibility and high maintenance cost
What is the primary function of Sales Processing TPS applications?
To generate invoices or receipts
Which TPS application is responsible for managing employee-related transactions?
Human Resources Management
What is the main function of Payment Processing TPS applications?
To process credit card transactions
Which TPS application is used to monitor inventory levels and track stock movements?
Inventory Management
What is the primary function of Supplier Management TPS applications?
To manage relationships with suppliers
Which TPS application is responsible for capturing customer interactions?
Customer Relationship Management
What type of systems support real-time processing of transactions conducted over the internet?
Online Transaction Processing (OLTP) applications
Which type of e-commerce allows customers to place orders directly with a business?
B2C
What is the primary purpose of Point of Sale (POS) Systems in retail environments?
To manage inventory and generate sales reports
What is the term for conducting business transactions electronically over computer networks?
Electronic commerce
Which of the following is an example of C2C e-commerce?
eBay
What type of devices are used to transact in mobile commerce?
Wireless devices
What is the primary goal of a Transaction Processing System (TPS)?
To process and manage routine transactions
What is the main difference between batch processing and online transaction processing?
Batch processing accumulates transactions over a period of time, while online processing processes each transaction immediately
What is the purpose of data editing in a TPS?
To check data for validity and completeness
What is the result of data correction in a TPS?
Re-entering data that was not typed or scanned properly
What is the purpose of data manipulation in a TPS?
To perform calculations and other data transformations
What is the role of data storage in a TPS?
To update one or more databases with new transactions
What is the purpose of document production in a TPS?
To generate output records and reports
What is a key benefit of using a TPS?
All of the above
What is the relationship between a TPS and other systems?
Results from one TPS can be inputs to another system
What is the primary characteristic of a TPS application?
It is designed to process and manage routine transactions
Test your knowledge of Enterprise Resource Planning (ERP) systems in business information systems, including their role in managing vital business operations for global organizations. Learn about the integrated programs that make up ERP systems and how they benefit companies. Review the key concepts and functions of ERP systems.
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