Decision Support system
Quantitative techniques in decision-making helps managers make decisions that are best for the organization. With numbers supporting decisions, managers can get the support of top management.
can the managers avoid making decisions
In managerial economics, managers in depth analyze all the economic situation of the country. After the in depth analysis they take the decisions. In this way economics is integrated with decision making.
•Support of business processes and operations. •Support of decision making by employees and managers. •Support of strategies for competitive advantage.
decision reporting system
Simon French has written: 'Decision behaviour, analysis and support' 'Decision theory' -- subject(s): Decision making
An information system as a set of interrelated components that work together to collect, process, store, and disseminate information to support decision making, coordination, control, analysis, and visualization in an organization
analysis of demand contribute to business decision making
Quantitative techniques in decision-making helps managers make decisions that are best for the organization. With numbers supporting decisions, managers can get the support of top management.
Importance of financial ratio analysis on investment decision making?
What is SWOC analysis and explain its relevance to business decision making