Information Technology on Decission Making

In: Business and Management

Submitted By NigateAbebe
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Decision Making
In: Business and Management[->0]
Decision Making
Decision making

1. What are the different types of decisions and how does the decision-making process work?
There are 3 different types of decisions, which are Unstructured, Structured, and Semi-Structured. For Unstructured decision making managers must provide judgment, evaluation, and insight to solve problem. The made decision depends on the individual making it. In a Structured decision repetition and routines are applied for each decision that is made. These decisions have a procedure for handling a situation so that it does not have to be approached as a new situation upon accurance. Structured takes away stress from the manangers as they do not have to make difficult decisions. But, managers also lose some of their power with this decision making process. Semi-structured allows the manager to use past situations for current problems, but also has the flexibility to emphasize using own judgement.

2. How do information systems support the activities of managers and management decision making?
Information systems can assist in making decisions by providing information and tools for analysis. To manage situations effieciently and effectively, organiztions use Management Information Systems, MIS, to process information. Individuals, technology, and informationManagement information systems involve three primary resources people, technology, and information. Management information systems are distinct from other information systems in that they are used to analyze operational activities in the organization.[2] Academically, the term is commonly used to refer to the group of information management methods tied to the automation or support of human decision making
3. How do business intelligence and business analytics support decision making? analytics software to analyze buying…...

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