Question: Write a note on Transaction Processing Systems (TPS) 1. The TPS is primarily used by senior management to build business trends: true or false? 2.

Write a note on Transaction Processing Systems (TPS)

1. The TPS is primarily used by senior management to build business trends: true or false?

2. TPS are generally used to

a. capture and share data b used to build business trends

3. Give an example of how a bank would use a TPS

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Transaction Processing Systems TPS are essential components of business operations that focus on collecting storing modifying and retrieving the trans... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!