Question: 1 . 1 Define what a Transaction Processing System ( TPS ) is and explain its importance in business operations. Also Outline and explain the
Define what a Transaction Processing System TPS is and explain its importance in business operations. Also Outline and explain the phases of the TPS cycle. Provide a brief example to
illustrate each phase. Marks
EcoSolutions 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 decisionmaking 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 EcoSolutions Ltds needs.
c Identify and briefly explain four distinct types of MIS. For each type, provide an example of how EcoSolutions Ltd could use it to improve their operations. Marks
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