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Is The Smith system of leave yourself an out helps in your decision making process?
Wiki User
∙ 13y ago
true
Wiki User
∙ 13y ago
Gladys Almindor
True
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A good decision making system will?
which air force risk management process involves the 5-step
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
What will a good decision making system do?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
What is the difference between an open decision making system and a closed decision making system?
A. Closed decision making system:If the manager operates in a known environment then it is a closed decision making system. The conditions of the closed decision making system are:(a) The manager has a known set of decision alternatives and knows their outcomes fully in terms of value, if implemented.(b) The manager has a model, a method or a rule whereby the decision alternatives can be generated, tested, and ranked.(c) The manager can choose one of them, based on some goal or objective.A few examples are:a product mix problem,an examination system to declare pass or fail, oran acceptance of the fixed deposits.B. Open decision making system:If the manager operates in an environment not known to him, then the decision making system is termed as an open decision making system. The conditions of this system are:(a) The manager does not know all the decision alternatives.(b) The outcome of the decision is also not known fully. The knowledge of the outcome may be a probabilistic one.(c) No method, rule or model is available to study and finalize one decision among the set of decision alternatives.(d) It is difficult to decide an objective or a goal and, therefore, the manager resorts to that decision, where his aspirations or desires are met best.Deciding on the possible product diversification lines, the pricing of a new product, and the plant location, are some decision making situations which fall in the category of the open decision making systems. by prerna
The type of information system that provides interactive and ad hoc support for decision making to end user managers is referred to as a?
decision reporting system
How decision making process can be automated?
through information system. (Decsion Support System)
A good decision making system will?
which air force risk management process involves the 5-step
What are the limitations of system analysis?
System analysis can not completely alter how people in the decision-making process relate. Also, it is only effective where a close relationship exists between decision-maker and analyst.
What is the difference between a decision aid and a support system?
Decision aid system is for decision making. A support system is a helpdesk.
What is purpose of an information system from a business perspective?
An information system helps the business to get access to crucial reports about operations and human resources. It supports the decision making process.
What is the purpose of an information system from a business perspective?
An information system helps the business to get access to crucial reports about operations and human resources. It supports the decision making process.
decision support system (DSS)?
interactive and iterative managerial decision making
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
What will A good decision making system will?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
What will a good decision making system do?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
What is the difference between operation support system and management support system?
OSS operation support system process data generated by business process system which involves the telecommunication network including VOIP, broadband, bill generation etc. IT has 3 partsTPS (transaction process system)PCS (process control system)OAS (office automation system)While Management support system :- it provides information and support, needed for effective decision making by managers.MIS (management information system)DSS (decision support system)EIS (executive information system)By:-Meetanshu Mittal
What is a decision support system?
A Decision Support System is widely used in the computer industry. It helps businesses and organizations with activities involving decision making and planning.
