Thursday, September 17, 2009

Why do Management Roles need Decision Support?

Decision support = helping managers make better decisions.

  • A wrong decision can have far-reaching consequences.
  • No one person can remember (and recall) everything
  • Frequently some form of calculating will be necessary
  • A decision may be needed urgently
What form of support is needed?

Information that…
  • is accurate
  • is up-to-date
  • is easy to assimilate
  • is relevant
  • has quick and easy access to specific records

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