Transaction Processing Systems

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24 Questions

What is the primary purpose of an Executive Support System (ESS)?

To provide summarized internal data for effective decision-making

What is a characteristic of an Expert System?

It is based on artificial intelligence research

What is the primary benefit of an ESS in the healthcare industry?

Enhanced strategic decision-making

What is the primary component of an Expert System?

Knowledgebase

What is the primary function of an ESS in the retail industry?

To track sales and inventory

What is the primary benefit of using an Expert System?

Improved decision-making

What is the primary way an ESS helps executives in the healthcare industry?

By providing summarized data for strategic decision-making

What is a characteristic of an Expert System in the context of decision-making?

It acts as an expert consultant to users

What is the primary objective of a Transaction Processing System?

To update records and generate reports

Which type of processing involves accumulating transactions over time and processing them periodically?

Batch processing

What is an example of batch processing?

Payroll processing per month

What is the characteristic of online transaction processing?

Providing feedback after processing in real-time

What is an example of online transaction processing?

ATM withdrawal

What is the primary function of a Transaction Processing System?

To update records and generate reports

What is the advantage of online transaction processing over batch processing?

It provides feedback after processing in real-time

What is not a characteristic of a Transaction Processing System?

It automates office transactions

What is the primary function of a Transaction Processing System?

To automate transaction collection, modification, and retrieval

What is a characteristic of a Transaction Processing System?

It increases the performance, reliability, and consistency of business transactions

What is an example of a transaction in a business?

Depositing money into a bank account

What is the benefit of using a Transaction Processing System in a business?

It helps businesses perform daily operations smoothly

What type of system is used to automate daily transactions in a business?

Transaction Processing System

What is the result of using a Transaction Processing System in a business?

Increased performance, reliability, and consistency of business transactions

What is not a characteristic of a Transaction Processing System?

It is used for designing apps and websites

What is the main benefit of using a Transaction Processing System in terms of business operations?

It helps businesses perform daily operations smoothly

Study Notes

Transaction Processing System

  • Processes data resulting from business transactions to update records and generate reports
  • Two ways to perform transactions: Batching processing and Online transaction processing
  • Batching processing: accumulates transactions over time and processes them periodically
  • Examples of Batching processing: payroll processing per month, processing of checks given to the bank
  • Online processing: processes transactions in real-time, providing feedback immediately
  • Examples of Online processing: ATM withdrawal, Airline bookings

Office Automation System (OAS)

  • Automates administrative processes like documenting, recording data, and office transactions
  • Divided into managerial and clerical activities
  • Consists of computers, communication-related technology, and personnel
  • Covers office transactions and supports official activity at every level in the organization
  • Applications of OAS include email, file attachments, and information systems for interorganizational supply chains and electronic markets

Importance of Information Systems

  • Necessary for businesses to grow and achieve their objectives
  • Useful for storing operational data, documents, communication records, and histories
  • Helps in better decision-making by providing important information
  • Allows employees to communicate effectively and share documents

Types of Information Systems

  • Transaction Processing System: automates the transaction collection, modification, and retrieval process
  • Executive Support System (ESS): provides greater telecommunication, better computing capabilities, and more efficient display options
  • Expert Systems: uses knowledge about a specific area to aid managers in diagnosing problems or in problem-solving
  • Examples of ESS: healthcare industry, retail industry

This quiz covers the basics of Transaction Processing Systems, including their objectives, types of processing and how they update records and generate reports.

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