Decision-making with technology

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Reference no: EM132434215

Topic: Decision-making with Technology

Overview:

In all business areas making decisions is a natural and integral part of any company's management process. Technology is taking on an increasingly major role in decision-making today. The sheer amount of data that managers must operate with on a daily basis is absolutely staggering compared to what they had to work with just a few decades ago. In today's world, BI-centered tools are a critical component of any successful company's strategy. They allow managers to streamline the effort needed to search for, combine and query data to obtain the information required for good decisions.

- Describe two key system-oriented / technology trends that have brought IS-supported decision making to the forefront of the decision analysis field in recent years.

- List and describe two capabilities of computing that can facilitate good managerial decision-making.

- How can information systems and tools help overcome the cognitive limits of humans?

Reference no: EM132434215

Questions Cloud

How does the idea influence management today : Think about current management practices and state regulations. How does this idea influence management today? What effect does the idea of free labor have.
Business strategy to drive organizational strategy : Why is it important for business strategy to drive organizational strategy and IS strategy? What might happen if the business strategy was not the driver?
Discuss labor union regulations in your state : Discuss labor union regulations in your state and the role of your state government in labor conflicts. Consider where you want to work.
Examples of societal problems are unemployment : "Examples of societal problems are unemployment, pollution, water quality, safety, criminality, well-being, health, and immigration."
Decision-making with technology : Describe two key system-oriented / technology trends that have brought IS-supported decision making to forefront of the decision analysis field in recent years
How technology supports decision makers in four phases : Using examples, please explain how technology supports decision makers in each of the four phases of the decision process in your initial post.
Decision-making with technology : In all business areas making decisions is a natural and integral part of any company's management process.
Describe business challenge : Briefly describe an industry that is of interest to you. Using your chosen industry as an example, describe a business challenge.
Discuss what happens to the organizational climate : Discuss what happens to the organizational climate when this resistance occurs also share any tactics to reduce negative connotations when dealing with change.

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