Question 02

PQR is a small listed company that had developed its information system strategy over several years. The company sees IT system as the tool for recording day-to-day transactions and runs with basic Transaction Processing System (TPS). The upgrades to the system are done according to users' requirement. The company's senior management does not run any sophisticated information systems and mainly relies on the junior managers to provide them with reports, which are focused at operational and tactical levels. The management had identified its incompatibility in arriving at effective strategic decisions with the present information strategy.

Requirement

a.Advise the importance of Information System Strategy, Information Technology Strategy and Information Management Strategy for PQR Company.

b.Compare and contrast between Transaction Processing System (TPS), Management Information System (MIS), Expert System (ES), Decision Support System (DSS) and Enterprise Resource Planning System (ERPS).