Online Transaction Processing (OLTP) and Online Analytical Processing (OLAP) Are

question 48

Multiple Choice

Online transaction processing (OLTP) and online analytical processing (OLAP) are similar MIS strategies used to help with business decision making. What is the primary difference between OLTP and OLAP?

• A) OLTP is used at the operational level; OLAP is used at the managerial level.
• B) OLTP is used to capture transactional and event data; OLAP is used to manipulate information.
• C) OLTP is used to support structured decisions; OLAP is used to support semistructured decisions.
• D) All of these choices are correct.

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Definitions:

Credit Terms

The conditions under which credit will be extended to a borrower, including the repayment schedule and interest rates.

Comparison Shopping

The practice of comparing prices and features of products or services to find the best deal or value before making a purchase.

Net

Typically refers to the amount remaining after certain deductions are made, such as net income or net profit.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor.