MIS

What is the definition of an Information System (IS)?

An Information System (IS) is a structured system that integrates technology, people, and processes to manage, process, and disseminate information effectively for decision-making and operational purposes.

What are the components of an Information System?

The components of an Information System include hardware, software, data, procedures, and people.

What role do Top-level Management play in Information Systems?

Top-level Management, such as CEOs and Boards of Directors, develop long-term growth strategies.

What is the function of Transaction Processing Systems (TPS)?

Transaction Processing Systems (TPS) are essential for managing daily operations, such as processing sales transactions.

What is Business Intelligence (BI) Systems used for?

Business Intelligence (BI) Systems analyze business data to support decision-making and strategic planning.

What does an ERP system do?

Enterprise Resource Planning (ERP) Systems integrate core business processes to improve efficiency and data accuracy.

What is an entity in database concepts?

An entity is a real-world object represented in the database, such as a student in a university database.

What are the unique features of E-Commerce?

Unique features include ubiquity, global reach, universal standards, richness, interactivity, information density, personalization/customization, and social technology.

What are the three types of transactions in E-Commerce?

The three types are B2B (Business-to-Business), B2C (Business-to-Consumer), and C2C (Consumer-to-Consumer).

What is Business Process Management (BPM)?

Business Process Management (BPM) is a methodology focused on improving organizational processes.

What are the four stages of the decision-making process?

The four stages are Intelligence (gathering relevant information), Design (developing alternatives), Choice (selecting the best alternative), and Implementation (executing the chosen solution).

What are the types of decisions categorized in management?

Decisions are categorized as Strategic (long-term), Tactical (mid-term), and Operational (daily management tasks).

What does data integrity in a Database Management System ensure?

Data integrity ensures the accuracy and consistency of stored data.

What is the purpose of SCM Software?

SCM Software enhances visibility and manages logistics and supply chain operations.

What is the primary goal of building information systems?

The primary goal is to address business needs, such as reducing manual processes and improving customer service.