get decision to the right decision maker, create a trail of accountability, and provide flexibility
which air force risk management process involves the 5-step
What is a core principle that serves as the foundation to good decision making
Decision support 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
decision reporting system
get decision to the right decision maker, create a trail of accountability, and provide flexibility
A good decision making system will
A good decision making that contributed to the success of NASCAR was A good decision making that contributed to the success of NASCAR was
Decision aid system is for decision making. A support system is a helpdesk.
think about the decision that you are making
which air force risk management process involves the 5-step
It is making a good decision.
The need of decision making is maybe taking on a job that you need good leadership skills or decision making skills.
What is a core principle that serves as the foundation to good decision making
interactive and iterative managerial decision making
Decision support system
Decision-making software is used to help people like business managers make decisions. Decision-making software analyzes data and tells us what the result of an action would be. We can use this information to make a good decision. Some types of decision-making software even help us by making decisions after analyzing data. Decision Support Systems (DSSs) and Expert Systems (ESs) are two types of decision-making