Do you think transaction processing systems differ significantly between...

Do you think transaction processing systems differ significantly between service and manufacturing industries? Are they equally important to both sectors?

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Expert Solution

The transaction processing systems only differ in the types of data elements collected. Both service and manufacturing industries need to collect data regarding business processes. While a manufacturing firm may collect data regarding the amount of scrap generated at a particular workstation, a service firm, such as a public accounting firm, needs to collect data regarding the number of hours spent by staff to verify cash balances. Transaction processing systems are equally important to both types of industries.

Junaid answered 3 months ago

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