MGTA02H3 Study Guide - Final Guide: Psychographic, University Of Toronto Scarborough, Transaction Processing System

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MGTA02H3 Full Course Notes
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2011 summer - mid-term test june 22, 2011. Define the term productivity, using labour productivity as an example. How does increased productivity help a company, and explain three things that a company can do to improve its competitiveness due to increased productivity. Productivity is a measure of efficiency that compares how much is produced with the resources that were used to produce it. Explain what an input device is, and provide three examples. If you were using a transaction processing system, provide three different pieces of data that you may capture during a transaction via an input device. Solution: an input device refers to hardware that allows you to get data into the computer in a form the computer can understand. Yes, as long as the data is in the required format, it can be sent to the knowledge system where it is turned into information, and integrated with other information to create knowledge.

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