EXPERT SYSTEM

EXPERT SYSTEM Also known as Knowledge Management System (KMS); works on the principle of Artificial intelligence. The expert system is designed in such a way that it takes and store the knowledge of a human expert on a particular subject Read More …

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DECISION SUPPORT SYSTEM (DSS)

DECISION SUPPORT SYSTEM (DSS) This is a computer-based information system that helps in supporting decision making on issues that are semi-structured and unstructured. They are specifically designed to help management make decisions in situations where there is uncertainty about the Read More …

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TYPES OF INFORMATION SYSTEM

TYPES OF INFORMATION SYSTEM TRANSACTION PROCESSING SYSTEM (TPS) This is a system which collects and stores data about transaction occurring within an organization on a day to day basis. As the name implies, Transaction Processing Systems (“TPS”) are designed to Read More …

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COMPONENTS OF INFORMATION SYSTEMS

COMPONENTS OF INFORMATION SYSTEMS The main components of information systems are computer hardware and software, telecommunications, databases and data warehouses, human resources, and procedures. The hardware, software, and telecommunications constitute information technology (IT), which is now ingrained in the operations Read More …

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INFORMATION SYSTEM IN AN ENTERPRISE

OVERVIEW OF INFORMATION SYSTEM Information system, an integrated set of components for collecting, storing, and processing data and for providing information, knowledge, and digital products. Business firms and other organizations rely on information systems to carry out and manage their Read More …

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CPA JULY 2021 ADVANCE COPY SYLLABUS

CPA SYLLABUS ADVANCE EDITION   FOUNDATION LEVEL   Paper No. 1                 Financial Accounting                                                        Read More …

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DESIGNING THE SALES FORCE

DESIGNING THE SALES FORCE Personal selling is a key element in promotion, one of the four Ps in the marketing mix. But not all sales representatives do exactly the same kind of selling. In business settings, McCurry has distinguished these Read More …

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