StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Tools and Decision Making - Essay Example

Cite this document
Summary
The paper "Tools and Decision Making" is an excellent example of an essay on management. In any organization disruption of workflow may occur due to system failures or workers disrupting the system. Management information system (MIS) is a commonly used tool in organizations that want decision making to be effective…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Tools and Decision Making
Read Text Preview

Extract of sample "Tools and Decision Making"

The paper "Tools and Decision Making" is an excellent example of an essay on management. In any organization disruption of a workflow may occur due to system failures or workers disrupting the system. Management information system (MIS) is a commonly used tool in organizations that want decision making to be effective. The role of a management information system is to support the decision support systems (DSS), which are based on computer programs and they are capable of analyzing organization data and present it in a systematic manner.
Decision making is an integral part of any firm since a lot of operations will be carried and stakeholders must be involved in decision making (Al-Zhrani 2010). Teamwork is essential and before implementing a management information system, all the stakeholders must be involved fully since they must be guided on how the system will be working. Management information systems can be the most preferred tool in GHI since the system will reduce the time wasted since there must be a system administrator to control the system. The system can be programmed to suit the organization's needs.
Since the GHI organization wants an electronic system, the best system to use is a management information system since the staff can access the system which is based on the decision support system. The security measures that are only within the organization will make it more complex from the hackers who can interfere with the organization. One of the challenges is that the system needs increased monitoring to avoid the system to fail and the GHI will require delegating duties to the managers to keep on monitoring the system. Lastly, the system must need professional personnel who are able to run MIS and still make a decision, GHI will have either to outsource or employee one who has the capability of running MIS and making the decision process.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Tools and Decision Making Essay Example | Topics and Well Written Essays - 404 words, n.d.)
Tools and Decision Making Essay Example | Topics and Well Written Essays - 404 words. https://studentshare.org/management/1886037-week-5-tools-and-decision-making
(Tools and Decision Making Essay Example | Topics and Well Written Essays - 404 Words)
Tools and Decision Making Essay Example | Topics and Well Written Essays - 404 Words. https://studentshare.org/management/1886037-week-5-tools-and-decision-making.
“Tools and Decision Making Essay Example | Topics and Well Written Essays - 404 Words”. https://studentshare.org/management/1886037-week-5-tools-and-decision-making.
  • Cited: 0 times

CHECK THESE SAMPLES OF Tools and Decision Making

Approaches to Improve Group Decision Making

… The paper “Approaches to Improve Group decision making” is a meaningful example of the literature review on management.... The paper “Approaches to Improve Group decision making” is a meaningful example of the literature review on management.... Green decided to look into the processes involve in group decision making and find out why the board decision fails and how it can be improved.... Moreover, it also includes discussions regarding different approaches to improve group decision making, and finally, recommendations on how the Board of Browns Insurance Services can improve their decision-making activities....
14 Pages (3500 words) Literature review

How Decision Support Systems Help Senior Managers Make Decisions More Efficiently

Decision support systems (DSSs) are computer-based systems used to help users in their decision-making practices.... Decision support systems (DSSs) are computer-based systems used to help users in their decision-making practices.... The aim of this paper is to describe the capabilities of DSSs and discuss how the systems enhance managerial decision-making processes at the senior management level and provide value for a business.... Before the main discussion, however, the paper presents some theories on the concept of the decision-making process....
8 Pages (2000 words) Essay

Business Intelligence - Fundamental Concepts and Principles

Decision support systems (DSS) started with the computer-assisted models that were developed to help in planning and decision making.... Business intelligence has the major purpose of supporting better decision making processes within an organization.... Howard Dresner who later became an analyst with the Gartner Group suggested that the term “business intelligence” be used to refer to the methods and concepts that can be used to better decision making in businesses by use of support systems based on facts....
8 Pages (2000 words) Case Study

Business Intelligence as a Decision-Making Tool

Good decision making by the management is paramount in the day to day running of a business.... Good decision making by the management is paramount in the day to day running of a business.... Nowadays, Information technology helps organizations in numerous ways in improving the effectiveness of the organizations particularly in the process of decision making.... Business intelligence is a decision support system that is data-driven that combines a collection of data, storage of data as well as the analysis of data to be part of the decision making process....
8 Pages (2000 words) Research Proposal

Consumer Decision Making - Luxury Goods Purchase

… The paper "Consumer decision making - Luxury Goods Purchase" is an outstanding example of a marketing case study.... The paper "Consumer decision making - Luxury Goods Purchase" is an outstanding example of a marketing case study.... Thereafter, other internal factors that affect consumer decision making have also been comprehensively explained while being linked to relevant theories and models.... The discussion has begun with a description of the consumer decision-making process which in essence entails recognition of needs, information search, alternatives evaluation, purchase and post-purchase....
17 Pages (4250 words) Case Study

Strategic Analysis Tools

This can be witnessed by their ability to reveal vital information regarding the external factors that affect a business, which can be utilized by business leaders in decision making.... PEST Analysis helps organisations improve on decision making (Zanoni, 2012).... Whether it is a large multinational corporation or just a small company, an understanding of effective business analysis techniques and tools will assist in contributing to effective strategic decision-making processes (Kaplan and Norton, 2011)....
11 Pages (2750 words) Coursework

Nudging in Behavioral Decision Making

… The paper "Nudging in Behavioral decision making" is a great example of a report on management  An organization may be either simple or complex in structure, but the idea of decision making in both cases is inevitable.... One of the most complex forms of decision-making techniques in behavioral decision making.... The paper "Nudging in Behavioral decision making" is a great example of a report on management  An organization may be either simple or complex in structure, but the idea of decision making in both cases is inevitable....
11 Pages (2750 words)

Tools and Decision Making for Ongoing Performance Management

… The paper “Tools and Decision Making for Ongoing Performance Management, and Risk Management in Field Crest Care Center” is an exciting version of the case study on management....   The paper “Tools and Decision Making for Ongoing Performance Management, and Risk Management in Field Crest Care Center” is an exciting version of the case study on management....
9 Pages (2250 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us