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INSY 2303 Exam 3 UTA with complete solutions, 100% Pass
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INSY 2303 Exam 3 UTA with complete solutions, 100% Pass Information System - Collects, stores, and processes data to provide useful, accurate, and timely information Organization - a group of people working together to accomplish a goal Enterprise - Any organization that seeks profit by provid...

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  • December 30, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
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  • insy 2303 exam 3 uta with complete solutions 100

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INSY 2303 Exam 3 UTA with complete
solutions, 100% Pass

Information System - ✔✔Collects, stores, and processes data to provide useful,

accurate, and timely information


Organization - ✔✔a group of people working together to accomplish a goal


Enterprise - ✔✔Any organization that seeks profit by providing goods and services


5 components of an information system - ✔✔Hardware, software, communication

networks, policies and procedures, people


Vertical Market - ✔✔software designed for a specific industry or enterprise


Horizontal market - ✔✔Software designed for common elements of many businesses


3 phases of decision making - ✔✔1. Recognize the problem or a need to make a decision


2. Devise and analyze possible solutions


3. Select an action or solution


Transaction - ✔✔an exchange between two parties that is recorded and stored in a

computer system




Katelyn Whitman© 2025, All Rights Reserved.

, 2|Page


Transaction processing system (TPS) - ✔✔provides a way to collect, process, store,

display, modify, or cancel transactions


Online processing - ✔✔a real-time method in which each transaction is processed as it is

entered


Management information system - ✔✔any computer system that processes data and

provides information within a business setting


Summary report - ✔✔combines, groups, or totals data


Exception report - ✔✔contains information that is outside of normal or acceptable

ranges


Decision support system - ✔✔helps people make decisions by directly manipulating

data, accessing data from external sources, generating statistical projections, and

creating data models of various scenarios


Executive information system - ✔✔a type of decision support system designed to

provide senior managers with information relevant to strategic management activities


Expert system - ✔✔a computer system designed to analyze data and produce a

recommendation, diagnosis, or decision based on a set of facts and rules


Knowledge engineering - ✔✔the process of designing, entering, and testing the rules in

an expert system




Katelyn Whitman© 2025, All Rights Reserved.

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