Transaction Processing SystemTPS, MIS, DSS, and ES * Hierarchy: Information ary Te Yee FA]VVVV INTRODUCTION Generally every business involves transactions, that is when ever people make an exchange it is called. as transaction. Transaction processing system supports day to day operations of the business. Examples of transactions include: purchases at store withdrawing money from bank making payments Ex. Airline Reservation System This system help the companies to conductthe operations and keep track of activities It was first developed in 1950 in accounting departments of major corporation