IS 130 Final Topic 20

Question 1

Define Transaction

Answer 1

Any business event that generates data worthy of being captured and stored in a database

Question 2

Define Transaction Processing Systems (TPS)

Answer 2

Supports the monitoring, collection, storage, and processing of data from the organization’s basic business transactions
- Collects data in real time
- TPSs are critical to the success of any enterprise because they support core operations

Question 3

What are Functional Area Information Systems (FAIS) ?

Answer 3

Information systems that supports a particular functional area in the organization by increasing each area’s internal efficiency and effectiveness

Question 4

What two ways do TPS process data?

Answer 4

• Batch Processing
• Online Transaction Processing (OLTP)

Question 5

What are the different types of reports that systems provide?

Answer 5

• Routine reports
• Ad hoc (on-demand) reports
• Exception reports

Question 6

What are routine reports?

Answer 6

Reports produced at scheduled intervals
- Although they’re valuable, they’re hardly what management is looking for

Question 7

What are the different types of ad hoc reports?

Answer 7

• Drill-down reports (display a greater level of detail)
• Key indicatory reports (summarized the performance of critical activities)
• Comparative reports

Question 8

What are Exception reports?

Answer 8

Include only information that falls outside certain threshold standards

Question 9

What is an ERP system?

Answer 9

Enterprise Resource Planning
- designed to correct a lack of communication among the FAISs by tightly integrating the FAIS through a common database

Question 10

What is an ERP II system?

Answer 10

Interorganizational ERP systems that provide web-enabled links among a company’s key business systems

Question 11

What are Enterprise Application Integration (EAI) systems?

Answer 11

Systems that integrate existing systems by providing layers of software that connect applications together

Question 12

What are the benefits of ERP systems?

Answer 12

• Organizational flexibility and agility
• Decision support
• Quality and efficiency

Question 13

What are the limitation of ERP systems?

Answer 13

ERP systems can be extremely complex, expensive, and time consuming to implement

Question 14

What are the different approaches for on-premise ERP systems?

Answer 14

• Vanilla approach
• Custom approach
• Best-of-breed approach