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Executive support systems
(ESS) Helps senior management make decisions requiring judgement, evaluation, and insight. Often delivered through a portal.
Management information systems
(MIS) A specific catagory of information systems serving middle management- provides reports on the organization's current performace
Transaction processing systems
(TPS) Keeps track of elementary activities and transactions for operational managers, Performs and record the daily routine transactions necessary to condut business
A stable, formal social structure that takes resources from the environment and processes them to produce outputs
Removal of organizations or business process layers responsible fro intermediary steps in a value chain
The price of a product varies depending on the demand characteristics of the consumer or the supply situation of the sellerr
Electronic data interchange
(EDI) Enabales computer to computer exchange between two organizations of standard transactions such as invoices
One party in a transaction has more information that is important to the transaction than the other
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