Program: MBA-Morning spring 2014 Name: butt Ahmad Subject: introduction to it Question 1 What different types of decision a manager has to take in strategic planning process? Strategic planning: The process of determining a company’s long-term goals and then identifying the best approach for achieving those goals. A manager’s primary challenge is to solve problems creatively. While drawing from a variety of academic disciplines‚ and to help managers
Premium Management Decision making Decision theory
In general‚ the implementation process of those major decision-making(DM) problem‚ related to national economy and people’s livelihood‚ must consider two factors: fairness and democracy‚ because these problems are involved in various benefits. In order to avoid great risk of DM from the faults of individual judgment‚ the way of group decision-making(GDM) may be carried out. In the decision process‚ decision groups can be composed of delegates of stakeholder. For a means of DM‚ the mode of GDM can
Premium Evolution Decision making Decision theory
computer-based systems‚ which help decision makers utilize data and models to solve unstructured problems (Scott Morton‚ 1971). A Decision Support System (DSS) is an umbrella term used to describe any computer application that enhances the user’s ability to make decisions. More specifically‚ the term is usually used to describe a computer-based system designed to help decision-makers use data‚ knowledge and communications technology to identify problems and make decisions to solve those problems
Premium Decision support system Decision theory
Maclagan brings to the reader’s attention the “logical relationship between individual values and decision making and action in organizations.” Although seemingly straightforward‚ it is important to recognize the dynamics that values contribute to the workplace. Basically‚ Maclagan is stating that “values are inescapable” and essential drivers for decision making at work. These values are “associated with decision making and conduct in general.” When looking at how values influence an individual’s choices
Premium Decision making Management Critical thinking
Case Study #3: Decision Support‚ Artificial Intelligence‚ and B2C E-Commerce: the Case of Unilever By Dustin Allen MNGT 220-01 November 20‚ 2003 Question #1 Decision support systems‚ simply known as DSS‚ are often narrowly defined as highly flexible and interactive IT systems that are designed to support decision-making when the problem is non-structured (Haag‚ 2004). This definition expresses several keywords: support and non-structured. This means that although DSS greatly enhance
Premium Artificial intelligence Decision support system Decision theory
1. What is Clinical Decision Support and how does it benefit and/or limit the use of information when caring for patient? Clinical Decision Support provides specific information to health care staffs regarding a patient health care record‚ and this support system will help provide good quality care to the patient. This system has many different tools to help the health care provider an easy ways to care for the patient such as alert system‚ clinical guidelines‚ templates‚ and even more. With this
Premium Medicine Health care Health care provider
International Management Review Vol. 3 No. 2 2007 Decision Support Systems and Artificial Intelligence Technologies in Aid of Information Systems Based Marketing John Crunk‚ Max M. North Southern Polytechnic State University‚ Georgia‚ USA [Abstract] The primary goal of this study is to predict the next logical and practical approach in the use of advanced Decision Support Systems (DSS) and Artificial Intelligence to find and evaluate markets for prospective products. In addition to
Premium Decision support system Marketing Decision theory
DQ 2 Expected Values and Decision Trees contains: From the end of Chapter 8‚ consider the two capacity options for Arktec manufacturing from Problem 2 and the three possible demand scenarios from Problem 4‚ then complete Problem 5. First‚ draw the decision tree for Arktec Manufacturing. When drawing your tree‚ assume that managers must select a capacity option before they know what the demand level will actually be. Then‚ calculate the expected value for each decision branch. Which option would
Premium Decision tree Tree Expected value
Critical Book Review of Decisive: How to Make Better Choices in Life and Work Abstract The Heath brothers wrote the book Decisive in order to help individuals make better decisions in their daily lives: at home‚ at work‚ everywhere. So that one can make better decisions‚ they must first be aware of the villains of the decision making process; these four villains exist in the form of narrow framing (limiting the options we consider)‚ confirmation bias (seeking information that supports our beliefs)
Premium Decision making Decision theory Decision making software
FACTORS AFFECTING THE CAREER DECISION-MAKING OF FRESHMEN STUDENTS OF ADZU A Research Paper Presented to Mr. Randy S. Magdaluyo Languages Department‚ School of Liberal Arts Ateneo de Zamboanga University In Partial Fulfillment of the Requirements for English 112 (Research and Academic Writing) K 2nd Semester‚ Academic Year 2009-2010 By Vallyn Joy D. Ting Ziyada R. Adala Remart S. Delos Santos March 2010 Social and Psychological Factors Affecting the Career Decision-Making of Freshmen Students of
Premium Decision making Choice Personality psychology