BUSINESS AND

MANAGEMENT
Ms.Suvarna.c
Agenda
Information systems in business and management

Transaction processing system

Information repeating and

Executive information system

P r esentatio n Title 2
 Introduction

What is a manag ement infor mation system? An MIS

is a system that p r ovid es manag er s with the
nec essar y infor mation to mak e d ec isions ab out an
or g aniz ation's op er ations. The MIS g ather s d ata
fr om var ious sour c es and p r oc esses it to p r ovid e
infor mation tailor ed to the manag er s' and their
staff 's need s.

P r esentatio n Title 3
A transaction processing system or TPS refers to an information processing system used for business transactions that involve the retrieval, collection, and mo

Transaction
processing
system
A tr a n sa c ti on p r oc e ssi n g sy ste m or T PS
r e fe r s to a n i n for ma ti on p r oc e ssi n g
sy ste m u se d for b u si n e ss tr a n sa c ti on s
th a t i n v ol v e th e r e tr i e v a l , c ol l e c ti on ,
a n d mod i fi c a ti on of tr a n sa c ti on d a ta . I t
offe r s a n e x e c u ti on e n v i r on me n t th a t
e n su r e s d a ta a v a i l a b i li ty, se c u r i ty, a n d
i n te g r i ty. M or e ov e r, su c h a sy ste m
e n su r e s fa st r e sp on se ti me a n d
a c c u r a c y.
TPS

▪ This system maintains the control and balance of a company’s buying

process. Moreover, it coord inates prod uct d istrib ution, p rocesses p ay roll
and sales, manages transactions from the payment accounts, and
benefits organizations when monitoring online purchase or sale
transactions. There are two types of transaction processing systems —
batch and real- time processing.

P r esentatio n Title 5
 TYPES
1. Batch Processing
A TPS interprets batches or sets of data by categorizing items by similarities via batch
processing. This can cause delays as it involves reviewing various data sets simultaneously.
However, the delay is acceptable as the TPS does not interpret the sets regularly.
Businesses may customize the batches according to their requirement. For example, a
company may want to process its workers’ wages once every two weeks.

P r esentatio n Title 6
 TYPES
2. Real-Time Processing
This type of TPS processes transactions with immediate effect, thus preventing delays. This
is an ideal technique when businesses deal with singular transactions.

EX: Suppose David purchased a t-shirt from Amacon, an online apparel and clothing
retailer. He used his credit card to pay for the item. The company’s TPS collected the credit
card details, communicated with its bank, and approved the purchase based on
David’s account balance.

P r esentatio n Title 7
Is transaction processing system A TPS is an information processing
a software?A TPS combines system responsible for processing
hardware and software to manage every transaction occurring within an
all business transactions. organization.

TPS

TPS TPS
What are the three cycles
of transaction processing
systems?
– Revenue cycle
– Conversion cycle
– Expenditure cycle

Timeline

P r esentatio n Title 8
 Executive Information System
What Does Executive Information System Mean?
An executive information system (EIS) is a decision support system (DSS)
used to assist senior executives in the decision-making process. It does this
by providing easy access to important data needed to achieve strategic goals
in an organization. An EIS normally features graphical displays on an easy-to-
use interface.

P r esentatio n Title 9
CHARACTERISTICS OF EIS

Subtitle Subtitle

▪ Ad d tex t, imag es, ar t, and vid eos. ▪ Ad d tex t, imag es, ar t, and vid eos.

▪ Ad d tr ansitions, animations, and ▪ Ad d tr ansitions, animations, and

motion. motion.

▪ Save to OneD r ive to g et to your ▪ Save to OneD r ive to g et to your

p r esentations fr om your c omp uter, p r esentations fr om your c omp uter,
tab let, or p hone. tab let, or p hone.

P r esentatio n Title 10
Content
I N FO R MAT I O N SY ST E M I N
BUSI N E SS A N D MA N A G E ME N T
▪ T h e M I S g at h ers d at a from
v ari ou s sou rces an d p rocesses i t
t o p rov i d e i n format i on t ai l ored t o
t h e man ag ers' an d t h eir st aff' s
needs.
▪ M I S con si st s of t h ree t erms,
n amel y man ag emen t , i n format i on
and syst em.
▪ A p rop er M I S i s st ru ct u red t o
p rov i d e t h e i n format i on w h en an d
where needed
P r esentatio n Title
T R A N S A C T I O N P R O C ES S I N G
S Y S T EM
▪ A tr ansactio n p r o cessing system
o r TP S r efer s to an info r matio n
p r o cessin g system used fo r
b usiness tr ansactio ns that
invo lve the r etr ieval, co llectio n,
an d mo d ificatio n o f tr an sactio n
d ata.
▪ Ther e ar e two typ es o f TP S
B atch p r o cessing and Real time
pr o cessing
EX EC U T I V E I N F O R M AT I O N
S Y S T EM
▪ p ro vid ing e a sy a c c e ss t o imp o rt a nt
d a t a ne e d e d t o a c hie ve st ra t e g ic
go a ls in a n o rga niz a tio n. A n EIS
no rma lly fe a t ure s g ra p hic a l d isp la ys
o n a n e a sy- t o - use int e rfa c e .
▪ A n EIS ha s fo ur ma jo r c o mp o ne nt s,
w hic h a re :
H a rdw a re
So ftw a re
Use r int e rfa c e ( UI)
Te le c o mmunic a t io ns c a p a b ilit y
11
 Summary
Manag ement Infor mation Systems (MIS)
D efinition: A Manag ement Infor mation System is
a set of c omb ined p r oc ed ur es that g ather s and
p r od uc es r eliab le, r elevant, and p r op er ly
or g aniz ed d ata that sup p or ts the d ec ision mak ing
p r oc ess of an or g aniz ation.

OR “'MIS' is a p lanned system of c ollec ting ,

stor ing and d isseminating d ata in the for m of
infor mation need ed to c ar r y out the func tions of
manag ement.”

P r esentatio n Title 12
THANK YOU

Ms. suvarna.c

P r esentatio n Title 13