How is MIS different from a transaction processing system? Information systems have become very important assets for many organizations in modern times. For an organization to become more effective, efficient and competitive, businesses use these information systems such as management information system and transaction processing system. According to Laudon & Laudon, 2014, every company has systems to support different groups or levels of management and one output of the system is another input to the system. For a clear distinction between transaction processing system and management information system, the below elements should be considered. input sourcesThe transaction processing system generates data at the operational level and makes available information that is widely used by the management information system. A transaction processing system collects and stores data about transactions and sometimes controls decisions made within the transaction by Valacich and Christoph Schneider (Information Systems Today: Managing in the Digital World (6th edition). The constituency of...