Module 14 Types of Information Systems Flashcards

1
Q

What are the 5 key types of systems?

A
  • Office Automation Systems
  • Transaction Processing Systems
  • Management Information Systems
  • Decision Support Systems
  • Executive Information Systems
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2
Q

Office Automation Systems

A
  • underlying support system in a business which helps to ensure that there is more
    efficient day-to-day work completed
  • simple word processing package, an integrated voicemail and email system or agile working systems such as Microsoft Teams
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3
Q

Transaction Processing Systems

A
  • record business transactions
  • sales or purchasing systems
  • Point-of-Sale system
  • payroll system
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4
Q

Management Information Systems

A
  • used by operational management
  • help make decisions in the business & monitor performance
  • timesheets
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5
Q

Decision Support Systems

A
  • predominantly used by management
  • make specific decisions when there is uncertainty about the outcome
  • use more data analytics
  • often used to create ‘what-if’ models
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6
Q

Executive Information Systems

A
  • used by the most senior people in an organisation
  • high-level information
  • decisions are strategic
  • giving more summarised information in a form that is friendly to users such as graphs and charts
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7
Q

A byte

A

8 bits

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8
Q

Local Area Network

A
  • sharing of computing resources for a home, office or building
  • commonly known as an intranet
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9
Q

Wide Area Network

A
  • links up several LANs and is used to describe a network on a national scale
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10
Q

Virtual Private Network

A
  • share information with other network users by a private, exclusive link that does not use permanent hard-wires
  • prevents access by unauthorised users
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11
Q

The Internet

A
  • largest network, linking up with other networks
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12
Q

Centralised network

A
  • central mainframe computer with processing power linked to terminals which lack processing or storage capabilities
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13
Q

Distributed network

A
  • majority of the processing power is held on personal computers throughout the organisation
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14
Q

Cloud computing

A
  • offering shared networks, servers, applications and other resources to computers and other devices as a utility over a network
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15
Q

Common language used in finance

A

iXBRL

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16
Q

Unified Modelling Language (UML)

A
  • tool used by developers to create an abstract model of what a system will look like.
17
Q

Enterprise Resource Systems

A
  • systems to interact with each other and for processes to become as streamlined as possible
  • update inventory, print an invoice, incorporate the sale into accounting records and sales ledger and prompt the order of more inventory
18
Q

Advantages of ERS

A
  • promoting communication across the organisation, greater collaboration and synergies
  • more flexible
  • help in the removal of inefficiencies
19
Q

Disadvantages of ERS

A
  • must re-organise their structure
  • retrain staff which can cause conflict
  • very costly
20
Q

4 key elements Straight-Through Processing

A
  • electronic processing of transactions
  • obstacle-free communication
  • concurrent information exchange
  • real-time processing
21
Q

Straight-Through Processing

A
  • automated process done solely through electronic transfers with no manual interventions involved