The capturing of transaction and event information using technology to 1) process the information according to defined business rules, 2) store the information, and 3) update existing information to reflect the new information

The correct answer is: Online transaction processing (OLTP).

Explanation:

The acronym OLTP stands for Online Transaction Processing. These procedures facilitate the management of transactional applications for data entry, recovery and processing. It is typical of operational databases, and the software packages used for these technologies are based on the client-server technique. These systems are often used by companies that enjoy a distributed computer network, such as the agents responsible for the supply chain, airlines, banks, industry, etc.

This system optimizes access to data, facilitating the tasks of reading, writing and analysis that are carried out frequently. OLTP procedures structure this data according to its level of application (custom management program, CRM or ERP implemented ...), in addition, they do not have to remain uniform in different departments due to the common lack of compatibility. Finally, they are characterized because the data history is limited to the present or to the most recent.

In this way, the systems of this technology record the business interactions that are produced throughout the daily operation of the organization, admitting the consultation of data for different interventions.

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