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What else can I help you with?
A good decision making system will?
which air force risk management process involves the 5-step
What core principle that serves as the foundation to good decision making?
What is a core principle that serves as the foundation to good decision making
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
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
What will A good decision making system will?
get decision to the right decision maker, create a trail of accountability, and provide flexibility
Cross matrix comparison to determin a risk level?
A good decision making system will
How do you think good decision making contributed to the success of NASCAR?
A good decision making that contributed to the success of NASCAR was A good decision making that contributed to the success of NASCAR was
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 good first step when making a decision?
think about the decision that you are making
A good decision making system will?
which air force risk management process involves the 5-step
What is another word for making a good choice?
It is making a good decision.
What is the need of decision making?
The need of decision making is maybe taking on a job that you need good leadership skills or decision making skills.
What core principle that serves as the foundation to good decision making?
What is a core principle that serves as the foundation to good decision making
Which systems helps you with making a decision about a nonstructured problem?
Decision support system
decision support system (DSS)?
interactive and iterative managerial decision making
What is function of software 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
