Information Management and Decision Making
Information Management and Decision Making
Decision Support Systems
The more information you have, based on internal or external sources, the better your decisions. Business executives are faced with the same dilemmas when they make decisions. They need the best tools available to help them.
What is a Decision Support System?
What is a Decision Support System?
It is a type of information system that helps executives make better decisions using historical and current data derived from internal information systems, as well as external sources. These systems can be comprised of smaller computer-based systems and subsystems that are intended to help decision-makers important tasks, such as usage of communication technologies, collation and organization of data and documents, and the processing of data using tools and models.
By combining large amounts of data with analytical models and tools, and by making the system easy to use, they are a reliable source of information to use in any decision-making process.