Reflect on an IS with which you are familiar, such as the automatic banking machine. How does this IS function? What are the advantages of using this system (i.e., why not use a bank teller instead)? What are the disadvantages? Are there enhancements that you would add to this system?

Question

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The Answer is I am familiar with the automatic banking machine (ABM) as an example of an information system. An ABM functions by allowing customers to perform various banking transactions without the need for a bank teller. Customers can use their bank cards to access their accounts, withdraw cash, deposit checks, transfer funds, and check their account balances.

The advantages of using an ABM include convenience and accessibility. Customers can use an ABM at any time of day or night, without having to wait in line at a bank branch. This can be especially helpful for individuals with busy schedules or those who live in remote areas. Additionally, ABMs can handle a high volume of transactions efficiently, reducing wait times for customers.

However, there are also disadvantages to using an ABM. Some customers may feel more comfortable interacting with a bank teller, especially when dealing with complex transactions or issues. Additionally, ABMs can be susceptible to technical issues or malfunctions, which can be frustrating for customers.

One enhancement that could be added to ABMs is the ability to perform more advanced transactions, such as applying for loans or mortgages. This would provide customers with even more flexibility and convenience when managing their finances.

Overall, the automatic banking machine is a valuable information system that provides convenience and accessibility for customers. While there are some drawbacks, the advantages of using an ABM often outweigh the disadvantages for many individuals.

Reflect on an IS with Which You Are Familiar, Such