BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Batch processing is the processing of transactions in a group or batch. No user interaction is required once batch processing is underway. This differentiates batch processing from transaction processing, which involves processing transactions one at a time and requires user interaction.

Detailed explanation-2: -Real-time processing is data processing that occurs as the user enters in the data or a command. Batch processing involves the execution of jobs at the same time. The main difference is that administrators can postpone batch processes, while real-time processes must occur as soon as possible.

Detailed explanation-3: -Since a TPS is a real-time processing system, all the events and transactions that occur in the organization or over the system are processed immediately causing no delay. It is one of the most used technologies in all online transactions and is called an Online Transaction Processing System (OLTP).

Detailed explanation-4: -Transactions are single events that change something, such as customer orders, receipts, invoices, payments, etc. In a batch processing system, transactions are accumulated over a period of time and processed as a single unit. In a real-time processing system, transactions are processed immediately as they occur.