distributed/decentralized processing environment would be most beneficial when
large volumes of data are generated at myany (remote) locations and fast access to data is required
Sequence of events in an AIS
- transaction data from source entered into AIS by end user
- original paper source doc is filed
- transactions recorded in journal
- transactions posted to general and subsidiary ledgers
- trial balances are prepared
- financial reports are generated
Another name for AIS is
transaction processing systems
Enterprise Resource Planning (ERP) is designed to
integrate data from all aspects of an organization’s activity
Components of Business Information System (BIS)
- Hardware
- software
- people
- data
network
BIS performs what functions on data?
- collect
- process
- store
- transform
- distribute
Reports
represent summary info, not individual documents
Queries
frequently on-demand responses to data inquiries online
Decision Support System (DDS)
AKA: expert system. helps decision making by providing info, facilitate preparation of forecasts or modeling various aspect of a decision
Management Info System (MIS)
provides users predefined reports that support effective business decisions. DSS and EIS are subsystems of this
Executive Information System (EIS)
provides senior executives with immediate and easy access to internal and external info to assist in strategic decision making
Accounting Info System (AIS)
A kind of MIS that creates audit trails for accounting transactions
Transaction processing
large numbers of common business events that are processed in a predefined highly structured way
Four characteristics of a sale that SUpply Chain Management is concerned with
- What
- When
- Where the goods were delivered
- How much the goods cost
Packet switched network
allows transmission of data across a shared network and not the internet
data mining
analysis of large and diverse amounts of data included in a data warehouse
