Dear Members, You are all requested to describe the terms (MIS-DSS-TPS) related to information system in general way. Your prompt reply will help me a lot. Regards VIKAS KUMAR
From India, New Delhi
From India, New Delhi
Hi,
Management Information System (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solve business problems such as costing a product, service, or a business-wide strategy. Management Information Systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization.
DSS is a computerized system used for supporting, rather than automating, decisions. A decision is a choice between alternatives based on estimates of the values of those alternatives. Supporting a decision means helping people working alone or in a group gather intelligence, generate alternatives, and make choices. Supporting the choice-making process involves supporting the estimation, the evaluation, and/or the comparison of alternatives. In practice, references to DSS are usually references to computer applications that perform such a supporting role.
A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system.
Regards,
Chandrakant
From India, Secunderabad
Management Information System (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solve business problems such as costing a product, service, or a business-wide strategy. Management Information Systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization.
DSS is a computerized system used for supporting, rather than automating, decisions. A decision is a choice between alternatives based on estimates of the values of those alternatives. Supporting a decision means helping people working alone or in a group gather intelligence, generate alternatives, and make choices. Supporting the choice-making process involves supporting the estimation, the evaluation, and/or the comparison of alternatives. In practice, references to DSS are usually references to computer applications that perform such a supporting role.
A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system.
Regards,
Chandrakant
From India, Secunderabad
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