Explain the difference between batch processing and transaction (real time) processing.

Question DescriptionnnQuestion 1nnnExplain the difference between batch processing and transaction (real time) processing. Describe a company (real or imagined) that uses batch processing (3-5 sentences). Do the same for a company that uses transactional processing.nnQuestion 2nnExplain what an ERP system is and what it does for a business. Elaborate on the advantages and disadvantages of an ERP system in a manufacturing business.nnQuestion 3nnWhat are the two types of knowledge discussed in this course? Explain each and provide an example.The two types of knowledge discussed in this course are explicit and tacit knowledgennQuestion 4nnName and describe the function of at least three participants in a Systems Development team. Be sure to mention how they work collaboratively to accomplish their goal.nnQuestion 5nnName at least three project management tools and briefly describe the function they perform.nnQuestion 6nnPrivacy at work is defined in company policies and procedures, describe one example of when a worker does something that could be a breach of these rules.nnPossible Answer should mention:nnQuestion 7nnMany mistakes are blamed on computer error, list and describe at least three common errors that are actual caused by human error.nnQuestion 8nnName 5 ways that a computer can be the object of a crime.nnQuestion 9nnTwo computer-related scams are phishing and vishing. Describe each one, pointing out the difference.nnQuestion 10nnWhat are the phases of the Systems Development Life Cycle? Name each phase and describe what happens to the project at that time.