This document discusses different types of information systems:
1) Transaction processing systems ensure transactional and customer data is stored safely and accessible for processing routine business transactions.
2) Decision support systems process data to assist management decision making by storing, gathering and analyzing information to help managers make proper actions.
3) Executive support systems are like DSS but for executive leaders, using expert systems and graphics to provide relevant executive information for tracking performance and identifying opportunities.
4) Management information systems retrieve transaction data from transaction processing systems to generate reports and summaries to help managers optimize planning and decision making.
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Information System Assignment1
This document discusses different types of information systems:
1) Transaction processing systems ensure transactional and customer data is stored safely and accessible for processing routine business transactions.
2) Decision support systems process data to assist management decision making by storing, gathering and analyzing information to help managers make proper actions.
3) Executive support systems are like DSS but for executive leaders, using expert systems and graphics to provide relevant executive information for tracking performance and identifying opportunities.
4) Management information systems retrieve transaction data from transaction processing systems to generate reports and summaries to help managers optimize planning and decision making.
Download as PPTX, PDF, TXT or read online on Scribd
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INFORMATION SYSTEM
APPLICATION DEVELOPMENT PRESENTATION #1 TYPES OF INFORMATION SYSTEM MANAGEMENT
1. Transaction Processing Systems:
A transaction encompasses all of the purchases and sales of products and services, along with any daily business transactions or activities required to operate a company. A transaction processing system ensures that all of the contractual, transactional, and customer relationship data is stored in a safe location and accessible to everyone who needs it. It also assists in the processing of sales order entries, payroll, shipping, sales management, or other routine transactions needed to maintain operations. 2. Decision Support Systems: A decision support system processes data to assist in management decision-making. It stores and gathers the information required for management to take the proper actions at the correct time. For example, a bank manager can use a DSS to assess the evolving loan trends to determine which yearly loan targets to meet. Decision models are programmed into the IS to analyze and summarize large quantities of information and put it into a visual that makes it understandable. 3. Executive Support System: Executive support systems are similar to a DSS but are primarily used by executive leaders and owners to optimize decision-making. An expert system helps enterprise leaders find answers to non-routine questions so they can make choices that improve the company's outlook and performance. Unlike a DSS, an executive support system provides better telecommunication functionality and a bigger computing functionality. Graphics software is integrated within an ESS to display data about tax regulations, new competitive startups, internal compliance issues, and other relevant executive information. This allows leaders to track internal performance, monitor the competition, and pinpoint growth opportunities. 4. Management Information Systems: A management information system uses various transaction data from a TPS to help middle management optimize planning and decision- making. It retrieves TPS information, aggregates it, and generates reports to help those at the management level know important details of a situation. Summaries and comparisons are utilized to allow senior managers to optimize the decision making process to achieve better results. Most of the report formats encompass summaries of annual sales data, performance data, or historical records. This provides a secure and systemized way for managers to meet their targets and oversee business units. DIGITAL AND VIRTUAL WORLD
Virtual World: it is when a
person guides a group of people remotely in real time. Video conferencing tools like Zoom, Microsoft Teams, or Google Meet are typically used during virtual meeting. In short, virtual meeting takes place at the same time (synchronous) but participants join from different places. Digital world: it is an umbrella term that covers face-to-face facilitation using a digital platform (like, hey, Howspace), virtual facilitation, and asynchronous facilitation such as the exchange of emails and instant messages. In other words, digital facilitation combines asynchronous and synchronous collaboration with remote and physical interaction, and by doing so, allows the facilitator endless possibilities to engage with the participants. In short, digital facilitation means helping a group of people reach their common goals with the help of digital tools. INFORMATION SYSTEM STRATEGY TRIANGLE The information systems strategy triangle includes business, organization and information strategy, and it symbolizes how a company must align all three of these strategies together to use information systems for the company's benefit. When implementing an information system, a company must consider its goals, place in the market, its organizational culture and its business processes. Business strategy deals with how a company seeks to gain a competitive advantage over its competitors in the marketplace, and it focuses on the company's ultimate goal, whether that is producing a product that computers cannot or offering a product for the lowest price. THANK YOU