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1. Electronic market
This refers to a situation whereby buyers and sellers who have subscribed to a networked system trade through their terminals. A buyer is able to access the webs of his suppliers and make orders through the internet.
2. Electronic purse
This refers to a vital envelope used to wrap electronic cash when it is being sent to the bank. When a customer makes an online purchase, electronic cash software creates a =coin‘ in an amount specified by the user and sends it to the users bank wrapped in a virtual purse. The bank withdraws the amount specified from the user‘s account and deposits it to the seller‘s account.
3. Cyber banking
This refers to the use of electronic technology to facilitate banking transactions. For example the use of magnetic character readers (MCR) to accept and clear cheques. Also the use of automated teller machines.
4. Cyber mall
This refers to a collection of computer services offered by an external organisation in one roof. For example, services such as bureaus, internet access services, teleconferencing facilities etc.
Wilfykil answered the question on March 1, 2019 at 08:57
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Date posted: March 1, 2019. Answers (1)
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for the program input is as follows:
- Pay...(Solved)
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Date posted: March 1, 2019. Answers (1)
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i) Transaction Processing System (TPS)
ii) Management Information Systems (MIS)
iii) Decision Support System (DSS)
iv) Executive Information System (EIS)
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i) Transaction Processing System (TPS)
ii) Management Information Systems (MIS)
iii) Decision Support System (DSS)
iv) Executive Information System (EIS)
v) Expert Systems (ES)
Required:
Suggest one application of each of the systems types listed above for each of the following functional areas of business:
- Sales and marketing.
- Finance
Date posted: March 1, 2019. Answers (1)
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Date posted: March 1, 2019. Answers (1)
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- User interface.
- Data.
- Process.(Solved)
During the design stage of a new information system, the following issues are addressed:
- User interface.
- Data.
- Process.
Required:
Discuss the composition of design document under the above three elements.
Date posted: March 1, 2019. Answers (1)
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Date posted: March 1, 2019. Answers (1)
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Date posted: March 1, 2019. Answers (1)
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Date posted: March 1, 2019. Answers (1)
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In a sequential narrative, name and describe the main stages in the program development life cycle.
Date posted: March 1, 2019. Answers (1)
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The recent desire for closer user participation in new systems development and distribution systems in operations have created more impetus for end user computing technologies.
Required:
a) Define the term "end user computing'.
b) Identity six risks associated with end user computing.
c) Explain the role of the following in promoting end user computing
(i) Information resource centers.
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Date posted: March 1, 2019. Answers (1)
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The rapid technological revolutions in both computer and management systems have brought in new dimensions in business process engineering and re-engineering.
Required:
(a) Explain the two terms "process engineering and re-engineering".
(b) Explain the use and application of the following:
(i) Telecommuting.
(ii) Electric data interchange.
(iii) Computer conferencing.
Date posted: March 1, 2019. Answers (1)
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Tactical management level may require the use of Decision Support Systems (DSS) for semi -structured decisions and data modelling.
Required:
(a)Describe four functional characteristics of Decision Support Systems (DSS).
(b)Name four types of accounting information systems which DSS may address.
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Date posted: March 1, 2019. Answers (1)
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New information systems quite often play a major role in the support of planning objectives of an organisation. Management participation is required for better evaluation and control of new systems
Required:
(a) Identify and explain three forms of competitive strategies which information technology would address.
(b) Name three tangible and intangible benefits associated with new information systems.
(c) List five ethical and societal dimensions to the development and use of information technology
Date posted: March 1, 2019. Answers (1)