Information systems are comprised of interrelated hardware, software, data, procedures, and people that collect, process, store, and distribute information to meet organizational objectives. Organizations implement information systems to increase efficiency, support management, gain competitive advantages, and achieve long-term goals. Information systems development involves feasibility studies, systems investigation, analysis, design, implementation, and maintenance. Common types of information systems include operational support systems like transaction processing systems and management support systems such as management information systems, decision support systems, and executive information systems.