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Table of Contents Contents Page INTRODUCTION 2 INFORMATION SYSTEM 3 STRATEGIC LEVEL MANAGEMENT INFORMATION SYSTEM 3 OPERATIONAL MANAGEMENT 3 TACTICAL MANAGEMENT 3 STRATEGIC MANAGEMENT 4 HARDWARE AND SOFTWARE 5 DECISION SUPPORT SYSTEMS (DSS) 5 The Dialog Component 6 The Data Component 6 Data Warehousing 7 Data Mining 9 The Model Component 9 GROUP DECISION SUPPORT SYSTEMS (GDSS) 9 EXECUTIVE INFORMATION SYSTEM (EIS) 9 EXPERT SYSTEMS (ES) 10 NEW STRATEGY 11 EXPERT SYSTEM - LOAN EVALUATION 11 THE NEED FOR MANAGEMENT INFORMATION TO SUPPORT THE ORGANIZATION 12 CONCLUSION 13 REFERENCES 14 Introduction The banking industry is facing a time of fierce competition, mostly due to the effects of deregulation and the increase in the number of institutions. It is important that the top managements are being present with qualitative information at a timely manner for high-level decision-making to support strategic management. Information systems can helps to support business needs, reduce costs and assess risks. In this report, a new strategy such as expert system is presented to lower operating costs and increase productivity as well as profits. Information System Information system is a critical resource for today's businesses in supporting business goal and organizational systems. It represents...

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