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Unit 1: Support Systems




               Decision-making is the focal point of all organizational dynamics, and management  Notes
               effectiveness is judged on the basis of the quality of these decisions.

               Many people use computerized decision support for work and in recent years to aid in
               personal decision making.
               A Decision Support System (DSS) is a computerized system that assists in corporate decision
               making, with a decision being a choice between alternatives based on the estimated
               values of those alternatives.

               Decision support even extends into the justice system and is therefore another area where
               mistakes simply cannot be made.
               Management Support Systems (MSS) are computer-based systems that are supposed to
               provide information to be used by or at least to support managerial decision making.
               A major problem in management support systems development is requirements
               specification.

               A Decision Support Tool (DST) is any guidance, procedure, or analysis tool that can be
               used to help support a decision.

          1.7 Keywords


          Communication-driven DSS: Communication-driven DSS supports more collaboration on a
          shared task.
          Data-driven DSS: Data-driven DSS emphasizes manipulation of a chronological series of
          corporate internal data or occasionally, external data.
          Document-driven DSS: Document-driven DSS manages and manipulates unstructured
          information in from a variety of electronic formats.

          DSS: A Decision Support System is a collection of integrated software applications and hardware
          that form the backbone of an organization’s decision making process.
          DST: A decision support tool is any guidance, procedure, or analysis tool that can be used to help
          support a decision.
          Knowledge-driven DSS: Knowledge-driven DSS provides specialized problem solving expertise
          stored as facts, rules, procedures, or in similar structures.
          Management Support Systems: Management Support Systems are computer-based systems that
          are supposed to provide information to be used by or at least to support managerial decision
          making.
          Model-driven DSS: Model-driven DSS puts emphasis on manipulation of a statistical, financial,
          or simulation model.

          1.8 Review Questions

          1.   Discuss the changes developed in external business environment and external business
               environment.

          2.   Illustrate the Key Drivers of Change in the Business Environment.
          3.   Explain the concept of Managerial Decision Making.
          4.   Describe the different types of strategic and administrative decisions taken by the
               management.



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