Explain the concept, need for and importance of a Decision
Support System
Answers were Sorted based on User's Feedback
Answer / ranjani bora
A Decision Support System (DSS) is a class of information
systems (including but not limited to computerized systems)
that support business and organizational decision-making
activities. A properly designed DSS is an interactive
software-based system intended to help decision makers
compile useful information from a combination of raw data,
documents, personal knowledge, or business models to
identify and solve problems and make decisions.
Benefits of DSS
Improves personal efficiency
Expedites problem solving (speed up the progress of
problems solving in an organization)
Facilitates interpersonal communication
Promotes learning or training
Increases organizational control
Generates new evidence in support of a decision
Creates a competitive advantage over competition
Encourages exploration and discovery on the part of the
decision maker
Reveals new approaches to thinking about the problem space
Helps automate the managerial processes
Is This Answer Correct ? | 55 Yes | 15 No |
Answer / puneet chawla
A Decision Support System (DSS) is a class of information systems (including but not limited to computerized systems) that support business and organizational decision-making activities. A properly designed DSS is an interactive software-based system intended to help decision makers
compile useful information from a combination of raw data, documents, personal knowledge, or business models to identify and solve problems and make decisions.
Computerized decision support systems became practical with the development of minicomputers, timeshare operating systems and distributed computing. The history of the implementation of such systems begins in the mid-1960s. In a technology field as diverse as DSS, chronicling history is neither neat nor linear. Different people perceive the field of Decision Support Systems from various vantage points and report different accounts of what happened and what was important (cf., Arnott & Pervan, 2005; Eom & Lee, 1990b; McCosh & Correa-Perez, 2006; Power, 2003; Power, 2004a; Silver, 1991). As technology evolved new computerized decision support applications were developed and studied. Researchers used multiple frameworks to help build and understand these systems. Today one can organize the history of DSS into the five broad DSS categories explained in Power (2001; 2002; 2004b), including: communications-driven, data-driven, document driven, knowledge-driven and model-driven decision support systems.
DSS components may be classified as:
1. Inputs: Factors, numbers, and characteristics to analyze
2. User Knowledge and Expertise: Inputs requiring manual analysis by the user
3. Outputs: Transformed data from which DSS "decisions" are generated
4. Decisions: Results generated by the DSS based on user criteria
Benefits of DSS
• Improves personal efficiency
• Expedites problem solving (speed up the progress of
problems solving in an organization)
• Facilitates interpersonal communication
• Promotes learning or training
• Increases organizational control
• Generates new evidence in support of a decision
• Creates a competitive advantage over competition
• Encourages exploration and discovery on the part of the
decision maker
• Reveals new approaches to thinking about the problem space
• Helps automate the managerial processes
Is This Answer Correct ? | 8 Yes | 2 No |
i have done mba bt didnt wrked after cmplteting the course....now if i go for a intervu....wht cud i reply to the employer abt d 2 yr gap
what is the difference between a head-hunting recruitment and referral recruitment?
Aside from the requiement to be reasonable and fair, what action should an employer take when faced with a redundancy situation to alleviate this?
we have an urgent requirement in our organization for MBA HR freshers in hyderabad. Please send your resume on sulaiman.khan@rocketmail.com before 18/12/2008
what are the areas in respective department where role of HR is applicable/
what is motivation?
What should be the components of a fair policy with regard to collecting, maintaining, and disseminating information about employees?
What do you consider your most important achievements of the past year
3 Answers Aditya Birla, Almarai, Ashim, Axiom, BPO, Centax, Hotel Jobs, Infotech, ITcom, Kimball, Management, MediClinic, MIT, Orient, PathCare Labs, RCV, St Andrews, Tops Security Ltd,
Hi i am have completed my PGDBM(HR) in 2006, since then i did not work anywhere more than one month although i did many jobs. i do not have any certificate in my hand. I also learned some web designing languages like ASP 3.0, ASP.NET etc.,now when i go to the interview what should i tell to the interviewer what i did in last two years
What is the main things to do at the time of interview
I want to go back to work after couple of years break. I took break to take care of my kid. I attended an interview, recruiter asked me, according to him my kid's study is more important right now how i will manage. I answered when i will go back home after work I can take care of his study. can anybody please suggest better response?
how can i apply for summer training course at Artech India Pvt Ltd.also i want to know the mail id and contact no of this company.how can i get that?