Business Information System Homework Help Canada

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6 Important Concepts Of Business Information Systems:

1. Transaction processing system: Daily a lot of transaction processes takes place like purchase, sales, billing clients, bank depository and so on. The transaction processing system helps to keep all data intact so that it can be accessed by anyone whenever needed. The transaction processing system helps in processing and updating the data and by using this organization is getting a high level of reliability and accuracy and minimizing human error.
2. Office automation system: It connects various tools and technologies needed for the management and clerical tasks of an organization. It connects all the departments to create a sync between them and help them to work better. It streamlines all the data in one place to ensure an organized data transfer between various levels.
3. Knowledge management system: A knowledge management system is a knowledge bank that has all the manuals and policies and procedures of the company which can be used by stakeholders of the company to have an idea of the company code of conduct.
4. Management information system: It uses Transaction processing system information, aggregates it and generates reports. To help management in planning and decision making to achieve better results by the company's management. It helps the managers to complete the targets and set goals accordingly.
5. Decision support system: This program analyses and summarizes large quantities of data visually to help the user understand it better. It helps understand trends of the market, make informed decisions, and make the right choices by the company to meet its demand.
6. Executive support system: It is like a Decision support system but mainly used by the executives of the company for decision making. Leaders use them to track growth and failure as individuals and organizations and also to find opportunities.

Tips By Business Information Systems Homework Helper to Help You with Your Career

• Accounts of business should be intact and data should be well maintained for use by executives to check organization performance and keep track of the work.
• All knowledge and information sharing should be genuine and correct so that the users are well-informed.
• The system should be made such that the managers can optimize it in performance monitoring and decision-making processes.

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