Answer to Question #221066 in Management for Emy

Question

. List and explain the different types of Management Information Systems and their 

relevance in different levels of management. Take any company you are familiar with 

and provide examples of management information systems with respect to the Levels of 

Managemen

Answer 1

1. Transaction processing system, in this case, the collection, procedure, and store transaction all happen on the same day. This approach allows a business to keep a record of the total amount of cancelled orders as well as the sales completed on a given date

2. Decision support system. The choice is made using the data obtained from the information in the Decision Aid Platform. Data-driven decisions are more accurate and have a higher likelihood of being proven correct. We make decisions using the data from previous numbers in this kind of management information system.

3. Expert system. A panel of experts or a group of experts makes a decision based on their knowledge and expertise. Artificial intelligence may judge in some circumstances since all of the variables are fed into the system.