Economy and Business Info
Archive for the ‘Corporate databases’ Category
An alternative that may help in solving business problems
Support decision-making through the generation and systematic evaluation of different alternatives or scenarios for decision. A DSS does not solve problems, and that only supports the decision making process. The responsibility to make a decision to adopt and to do it is managers, not the DSS. Can be used to obtain information that reveals the key elements of problems and relations between them. Also be used to identify, create and communicate courses of action available decision alternatives.
Characteristics of DSS
* Interactivity: computer system with the ability to interact in a friendly and real-time responses to the decision maker.
* Frequency of Use: Its frequent use by middle and upper management to perform its function.
* Variety of Users: Can be used by users from different functional areas like sales, production, management, finance and / or human resources.
* Flexibility: Allows you to fit a given variety of management styles: autocratic, participatory, etc..
* Development: Allows the user to directly develop models of operational decision without the participation of IT professionals.
* Environmental Interaction: Allows the ability to interact with external information as part of the decision models.
* Inter-Organizational Communication: Facilitates communication of relevant information from high levels at the operating levels and vice versa, through graphs.
* Access database: Has the ability to access information from corporate databases.
* Simplicity: Simple and easy to learn and use by the end user.
Advantages of DSS
* Interactive systems with results applicable to business processes.
* Elimination of intermediaries in the process of acquiring information.
* Customized reports, tailored to the executive.
* Reduced lead time in the process of data acquisition.
* Information presented in business terms.
* Analysis of alternative actions in controlled environments.
* Graphical display of key indicators for the various business processes.
* Facilitate decision making process and hence the productivity of the organization.