Transaction Processing Systems (TPS)are Used by a Narrow Range of Organizations

question 77

True/False

Transaction processing systems (TPS)are used by a narrow range of organizations only to process customer transactions more efficiently.

---

Definitions:

20th Century

A period from 1901 to 2000 characterized by significant technological, social, and political changes globally.

Market Orientation

An approach requiring organizations to gather information about customer needs, share that information throughout the firm, and use that information to help build long-term relationships with customers.