Automated Sales and Inventory System Thesis Introduction
Nowadays, computer gadgets and various electronic communication and productivity devices are now becoming a part of our everyday lives. With the continuing conception of more technologies, systems, and applications; these tools or gadgets have been proven to lighten-up our workload, make us more productive and educated, keep us informed and closer to our friends and loved ones, or even keep us entertained. We have been more and more dependent on these technologies day-in and day-out. Some of these systems and applications are created for medical use while others are for business use or even educational purposes.
The term MIS or Management Information System refers to an organized approach to the study of the information needs of an organization’s management at every level in making operational, tactical, and strategic decisions. Its objective is to design and implement procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner. In a Management Information System, modern, computerized systems continuously gather relevant data, both from inside and outside an organization. This data is then processed, integrated and stored into a centralized database (or data warehouse) where it is constantly updated and made available to all who have the authority to access it, in a form that suits their purpose.
The term TPS or Transaction Processing System refers to an informational scheme for the collection, storage, retrieval, and modification of transactions made by an organization. An Example of a transaction processing system commonly used in business are the systems employed by major credit card companies found in almost every retail store.
From what the two definitions have said, Management Information System (MIS) and Transaction Processing System (TPS) go hand-in-hand with each other. They both provide an alternative business solution that is effective in every way possible. Among the various automated
The term MIS or Management Information System refers to an organized approach to the study of the information needs of an organization’s management at every level in making operational, tactical, and strategic decisions. Its objective is to design and implement procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner. In a Management Information System, modern, computerized systems continuously gather relevant data, both from inside and outside an organization. This data is then processed, integrated and stored into a centralized database (or data warehouse) where it is constantly updated and made available to all who have the authority to access it, in a form that suits their purpose.
The term TPS or Transaction Processing System refers to an informational scheme for the collection, storage, retrieval, and modification of transactions made by an organization. An Example of a transaction processing system commonly used in business are the systems employed by major credit card companies found in almost every retail store.
From what the two definitions have said, Management Information System (MIS) and Transaction Processing System (TPS) go hand-in-hand with each other. They both provide an alternative business solution that is effective in every way possible. Among the various automated