ITM 102 Lecture Notes - Lecture 2: Google Calendar, Information System, Transaction Processing System

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Itm102: lecture 2 and textbook how businesses use information. The manner in which work is organized, coordinated, and focused to produce a valuable product or service are the collection of activities required to produce a product or service. Businesses: can be sees as a collection of business processes. Automating steps that were manual (inventory management: enabling entirely new processes that are capable of transforming the businesses. Transaction processing system (tps): preform and records daily routine transactions necessary to conduct business, ex. Allow managers to monitor status of operations and relations with external environment. A tps for payroll processing captures employee payment transaction data such as a time card. System outputs include online and hard copy reports for management and employee paycheques. Business intelligence: data and software tools for organizing, analyzing, and providing access to data to help managers and other enterprise users make more informed decisions.

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