5 Questions
What is the primary function of a Transaction Processing System (TPS)?
The primary function of a TPS is to capture the detailed transactional data involved in routine business transactions, ensuring data availability, security, integrity, fast response time, and accuracy.
Provide an example of a TPS and explain its role.
An example of a TPS is a checkout system, also known as a point of sales system (POS). Its role is to capture transactional data, ensure data availability, security, and integrity, and provide a fast response time and accuracy for business transactions.
What type of information system does a TPS fall into?
TPS falls into the category of sustaining information systems, which are used to capture and process transactional data involved in routine business processes.
What are the key characteristics that TPS ensures in its execution environment?
TPS ensures data availability, security, integrity, fast response time, and accuracy in its execution environment.
Explain the importance of reliability and ease of use for a TPS.
Reliability and ease of use are crucial for a TPS because if it 'goes down' due to technology failure, the business operations essentially stop. Additionally, TPS workers primarily deal with unanalyzed, summarized data, so the system must be easy to use and always reliable.
Study Notes
Transaction Processing System (TPS) Overview
- Transaction Processing Systems (TPS) are widely used and fall into the category of sustaining information systems.
- TPS captures detailed transactional data from routine business processes.
- Examples of TPS include checkout systems, also known as point of sales (POS) systems.
- TPS is used for business transactions involving retrieval, collection, and modification of transaction data.
- It provides an execution environment ensuring data availability, security, and integrity.
- TPS ensures fast response time and accuracy, with workers primarily dealing with unanalyzed, summarized data.
- TPS is not focused on providing information for decision support.
- TPS must be user-friendly, easy to learn, and reliable.
- If TPS experiences a technology failure, it can cause business operations to halt.
- Prepared by a group of students for submission to Dr. Roshni Singh.
- Submitted on 20/11/2023 by a group of students from batch 2023-25 (Sem: 1).
- The group consists of Diya Bhagat, Zalak Bhatariya, Aditi Bhatt, Prachi Chavada, and Devangi Joshi.
Test your knowledge of Transaction Processing Systems (TPS) with this quiz. Covering the basics of TPS and its role in information systems and business analytics, this quiz will challenge your understanding of TPS operations and functionalities. Ideal for students studying MGMB12104 or anyone interested in TPS.
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