31266 Lecture Notes - Lecture 4: Online Transaction Processing, Operations Management, Information System
Document Summary
We discussed various systems within the organisation. Processing systems are the most fundamental information systems within organisations. An example of batch processing is the way that credit card companies process billing. The customer does not receive a bill for each separate credit card purchase but one monthly bill for all of that month. In online transaction processing (oltp), business transactions are processed online as soon as they occur. You learnt that functional area information systems (fais) supports a particular functional area in the organisation by increasing each area"s internal efficiency and effectiveness. Information systems for accounting and finance: information systems for production/operations management, information systems for human resource management. Information systems for accounting and finance support and facilitate activates conducted by finance and accounting department which such as: investment management, control and auditing. Management activities such as: inventory management quality control, computer-integrated manufacturing (cim) Management support activities such as: recruitment, human resources development.
