Key components of a decision support system

Assignment Help Management Theories

Reference no: EM133260360

Assignment:

Question 1

With the aid of a suitable supporting diagram, outline the purpose and key components of a Decision Support System (DSS).
With reference to the diagram you provided in your answer to (a), compare the support provided within Individual DSS to that provided in Group DSS.
Explain the evolutionary approach to MIS development, and when it would be most suitable for the development of an Individual DSS.

Question 2

With respect to EACH of the following contemporary MIS technologies, discuss TWO benefits of the technology and THREE issues that an organisation would need to consider when making a decision on whether or not to adopt that technology:

Enterprise data warehouse;
Open source information reporting tool;
Data mining algorithms to develop predictive models.

Make sure you define EACH MIS technology within your answer.

Reference no: EM133260360

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