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Expert Systems and Neutral Networks (Knowledge-based Sytem)
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Feature
- Analyze data and produce recommendations, diagnosis, and decisions.
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Enterprise Resource Planning
(ERP)
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Feature
- Cover main business processes in best-practice ways
- Search Engines
- Geographic Information System
(GIS)
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Transaction Processing Systems
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Features
- Provide a way to collect, process, store, display, modify, or cancel transactions.
- Allow multiple transactions to take place simultaneously.
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Examples
- Point of Sale Systems – records daily sales
- Payroll systems – processing employees salary, loans management, etc.
- Stock Control systems – keeping track of inventory levels
- Airline booking systems – flights booking management
- Data in the database
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Management Information Systems
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Features
- Create reports to help managers make routine business decisions in response to problems.
- Summary, exception, and ad hoc reports.
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Examples
- Sales management systems – they get input from the point of sale system
- Budgeting systems – gives an overview of how much money is spent within the organization for the short and long terms.
- Human resource management system – overall welfare of the employees, staff turnover, etc.
- Data from the transaction processing system
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Decision Support Systems
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Features
- Support decision making by analyzing data that can generate statistical projections and data models.
- Produce reports such as billing, wages, inventory summaries, manufacturing schedules, or check registers.
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Examples
- Financial planning systems – it enables managers to evaluate alternative ways of achieving goals. helps senior executives to ask what if questions.
- Bank loan management systems – it is used to verify the credit of the loan applicant and predict the likelihood of the loan being recovered.
- Data from the external
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Executive Information Systems
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Feature
- Analyze, compare, and highlight trends in important variables to monitor performance and identify opportunities and problems.
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Examples
- Business Intelligence
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Data Source
- External
- Tactical Managers
- Give support rather than replacing a managers judgement.
- Mimic human brains in processing information