Management Information Systems
Glossary
- batch processing
- A method of updating a database in which data are collected over some time period and processed together.
- data mart
- Special subset of a data warehouse that deals with a single area of data and is organized for quick analysis.
- data warehouse
- An information technology that combines many databases across a whole company into one central database that supports management decision-making.
- decision support system (DSS)
- A management support system that helps managers make decisions using interactive computer models that describe real-world processes.
- executive information system (EIS)
- A management support system that is customized for an individual executive; provides specific information for strategic decisions.
- expert system
- A management support system that gives managers advice similar to what they would get from a human consultant; it uses artificial intelligence to enable computers to reason and learn to solve problems in much the same way humans do.
- management support system (MSS)
- An information system that uses the internal master database to perform high-level analyses that help managers make better decisions.
- online (real-time) processing
- A method of updating a database in which data are processed as they become available.
- transaction processing system (TPS)
- An information system that handles the daily business operations of a firm. The system receives and organizes raw data from internal and external sources for storage in a database using either batch or online processing.