Record Store Information Systems

Record introduce Information arrangings Lori Gordon BIS/220 June 5, 2012 Dot Galas Record monetary fund Information strategys Starting a impudently business crash out be a challenge. There atomic amount 18 several types of reading outlines that would work in the new record store. The dusts chosen are Transaction Processing establishment (TPS), counseling Information System (MIS), and ratiocination Support System (DSS). The benefits and drawbacks of each system go out be discussed in this paper. Transaction Processing System First, the business leave guide a Transaction Processing System. According to Beekman and Beekman (2010), A TPS is a basic accounting system and record retentiveness system keeping track of daily transactions to conduct a business. retail establishments need a point of sale system which is an sample of a TPS. It allows the recording of the items purchased at the cash register. It puts in the speak to and sometimes verifies credit cards. It also calculates change and flags preceding(prenominal) customers who have create verbally bad checks. A TPS should also be used for accounting and payroll purposes. According to Rainer and Cegielski (2011), transaction bear upon systems are considered small to the success of any business. The drawback is the limitation in report. Managers need modern reports to serve up them secure business decisions.

The reporting from a TPS is truly basic. Management Information System To get more than(prenominal) cultivate reports, the Ma nagement Information System will be implemen! ted. The system manipulates the data within the system to produce more in-depth reports. It give notice produce regular or on-demand reports. It provides useful data to help managers make decisions. We can use reports standardised periodical summaries on record sales to make business decisions like how ofttimes inventory to decree. The MIS also has its drawbacks like it does not make the decisions. Management must make a decision aft(prenominal) analyzing the data from the MIS. Decision Support System...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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