Question: 1 . 1 Define what a Transaction Processing System ( TPS ) is and explain its importance in business operations. Also Outline and explain the

1.1 Define what a Transaction Processing System (TPS) is and explain its importance in business operations. Also Outline and explain the 6 phases of the TPS cycle. Provide a brief example to
illustrate each phase. [10 Marks]
1.2 Eco-Solutions Ltd. is a growing environmental consulting firm that has been experiencing difficulties in managing its increasing volume of projects, client data, and employee information. The company's CEO, Dr. Emma Rodriguez, wants to implement a Management Information System (MIS) to streamline operations and improve decision-making processes.
a) Define what a Management Information System (MIS) is and explain how it could benefit EcoSolutions Ltd. in addressing their current challenges.
b) Describe four key characteristics of an effective MIS and how each would apply to Eco-Solutions Ltd.'s needs.
c) Identify and briefly explain four distinct types of MIS. For each type, provide an example of how Eco-Solutions Ltd. could use it to improve their operations. [10 Marks]

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 General Management Questions!