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• Information systems consist of several key components, including hardware, data, people, and
procedures.
• Hardware refers to the physical devices to input, process, store, and input data, such as computers,
servers, and networking equipment's.
• Software includes the programs and applications that enable the hardware to perform specific tasks,
such as operating systems and business applications.
• Data refers to the raw facts and figures that are processed and transformed into meaningful
information.
• People are the individuals who interact with the information system, including users, developers,
and administrators.
• Procedures are the rules and guidelines that govern how the information system is used and
managed.
Types of Information Systems
There are several types of information systems, including transaction processing systems,
management information systems, decision support systems, and executive information systems.
Transaction processing systems are used to process and record routine business transactions, such
as sales and inventory updates.
Management information systems provide managers with reports and summaries of operational
data to support decision-making.
Decision support systems assist in complex decision-making by providing analytical tools and
models.
Executive information provide senior executives with strategic information for planning and
decision-making.
Importance of information systems
Importance of information systems
TPS are used to record and process daily business transactions, such
as sales, payments, and inventory updates.
They are typically used by operational staff to support routine
business activities.
TPS help ensure accurate and timely data entry, which is crucial for
the smooth operation of an organization.
Transaction Processing System
Transaction Processing System
Management Information System (MIS)
Businesses face various pressures that can impact their operations and
success.
These pressures include competition, changing customer demands,
economic conditions, and regulatory requirements.
To survive and thrive, businesses need to effectively respond to these
pressures.
Role of IT Support