The Best Way to Describe the Difference Between a Transaction-Processing

question 92

Multiple Choice

The best way to describe the difference between a transaction-processing system and an operations information system is that a transaction-processing system processes routine transactions, whereas an operations information system provides

• A)large amounts of data that can then be compiled in a meaningful format.
• B)information managers can use in nonroutine decision-making and other kinds of tasks.
• C)organizations with the ability to track various functions and divisions in real time.
• D)models that help managers make better nonprogrammed decisions.

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Definitions:

Finance

The science of managing funds, including the processes of borrowing, investing, saving, and forecasting.

Agency Problem

A conflict of interest arising between principals (such as shareholders) and agents (like company executives) due to differing goals.

Store Locations

The specific physical points where a business operates or has commercial premises.

Market Value

The marketplace's current rate for the buy or sell transactions of assets or services.