Define transaction processing system and describe the role, Operation Management

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Define transaction processing system and describe the role

1. Define Transaction processing system and describe the role they play in a business.

2. What are the advantages and disadvantages of compensation approaches such as skill-based pay and competency-based pay? How can the disadvantages be overcome?

3. What legal factors do companies have to consider when they’re designing their incentive plans?

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Operation Management: Define transaction processing system and describe the role

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Operation Management: Define transaction processing system and describe the role

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