Essays on Transaction Processing

1. Information technology plays a major role in improving the efficiency and performance of business. There are different applications of Transaction Processing System (TPS) that could support business transactions. Three most effective applications of TPS are IBM Transaction Processing Facility (TPF), Hewlett-Packard NonStop system, and Transaction Management Executive (TMX). 2. Transaction processing system (TPS) is a software system that collects, processes, modifies, captures, and retrieves detailed information of transactions in an organization. The system stores information in the most up-to-date manner that helps to improve the operational performance of an organization. The system helps to process online banking and ...

Balanced Scorecard

Most business managers and owners are concerned with the future performance of their ventures, particularly with respect to non-financial aspects of the business. As such, managers in various business organizations and non-profit institutions have embraced the use of different management strategies that can enable them to measure the trends in the performance of their businesses. One of the management strategies that are widely applied by most industries and other business organizations is a balanced scorecard. Essentially, this card entails a management and business planning system that accommodates the non-financial aspects of the business. It takes into account aspects like ...

Information Technology Infrastructure

Information Technology Infrastructure

Introduction

Information technology infrastructure is a combination of network, hardware, software, facilities and other services that are required to manage, control, and deliver the operations of information technology. It is comprised of computer systems, networks, software applications, data storage, servers, and other components. It helps to manage the internal business operations of any organization. Information technology infrastructure consists of different hardware like computers, printers, routers, hubs, scanners, data centers, and others. The management of different software’s like enterprise resources planning (ERP), Oracle, customer’s relationship management (CRM), and others is involved in it. It is divided ...

Information System Infrastructure in Smart City

Introduction An appropriately and suitably modeled information system is established in a coherent framework that aids responsive transformations. As a result, an organization's agility as a new enterprise or administrative programs comes up [3]. An information system refers to an integrated series of elements that aid in the collection, storage and processing information to enable data, knowledge and digital products. Various companies such as Alibaba, business to business marketplace, Amazon, the global online market, eBay and much use the concept of information systems. Considered the information system infrastructure, the framework is composed of key networks of telecommunication, databases and ...

Introduction

What role do information systems play in an upcoming organization? Information system plays a crucial role of transcending information from a person or one company to another. The information is mainly meant to aid the business in meeting the transactions or decisions that the executive board needs to make. To perform this, there must be a format or chain to be followed so that the information can flow as required. The chain needs to be hierarchical so that the information can be passed from one head department to the other. In today's economy, failing to embrace the culture of ...

Question 1

a) Information Systems for an Airline: Airline industry has been utilizing the merits of computer based information systems to provide a better class of service for its customers, since the 1970s. These industries had invested a lot in transaction processing systems and management information systems since then. Even though decision support information systems is still at its infancy in Airline industry, latest studies have revealed their importance in fixing business related parameters of Airlines (such as Airfares) in improving their business value without making unnecessary compromises in profits . Integration of decision support systems with either of the aforementioned information ...

MANAGEMENT OF E-COMMERCE

Management of E-Commerce Introduction The improvement in technology all over the world has led to the adoption of E-Commerce in the businesses. According to Andam (2014), E-Commerce is the use of electronic systems and the internet to facilitate selling and buying of goods and services. Grandon (2004) is of the opinion that the Electronic Commerce started forty years ago but currently through the day to day innovations, many firms and individuals are entering the market through the internet. In the work of Demirel (2011) businesses incorporate the use of Electronic Commerce to offer its goods and services in a ...