Which of the following would you use to consolidate the relevant knowledge and experience in the firm and make it available to improve business processes and management decision making?
A)TPS
B)An extranet
C)KMS
D)CRM
E)MIS

Question

Quizplus · Accepted Answer

KMS (Knowledge Management System) is specifically designed to consolidate and manage all relevant knowledge and experience within a firm and make it easily accessible for decision making, thus improving business processes. TPS (Transaction Processing System) is used for processing day-to-day transactions, while MIS (Management Information System) is used for providing management with relevant information for decision making. CRM (Customer Relationship Management) is used for managing customer interactions and relationships, while an extranet is a network that allows communication and collaboration between multiple organizations.

Which of the Following Would You Use to Consolidate the Relevant