Decision support systemAbstract Technology has become an inevitable tool in the business arena for effective management of the organization. With the ever increasing competion in the current global arena and business re engineering no one can afford to sideline the use of current business operating systems in the enhancement of high productivity and better business management. (Rajarratnam, 2001)There is the use of Decision interactive software-based system that compiles useful information from a combination of raw data, documents, personal knowledge, or business models to identify and solve problems and make decisions on support system, Customer relationship management among other systems that aid in better management and appropriate decision makings. Introduction A franchise is a legal and commercial entity between the owner of a brand, service mark, trade name, or advertising symbol and an individual or group wishing to use that identification in a business.
I. e Using another firm's successfulbusiness model. Mr. Brocoli who indeed is a franchisor wants to look for prospective franchisee in the south coast England from Hampshire to Cornwall in a Beverage business. He requires sufficient data before enterprising there as he has to make sound decisions that would see him prosper in his business.
In an organization the data capture process is very important because it enables the management to know the basic fundamentals that guides them in the functionality of the firm. It enables efficient management to increase the out put of the organization. Body The elements of management includes planning, controlling, organizing and leading. In a business set up these elements are affected by the internal and external factors. The stake holders are very fundamental in the running of the firm. For instance in a software system, this can include managers, designers, and users of a system (employees).
Stakeholders are those who are impacted by (or have an impact on) the project, their perspectives need to be taken into account in order for a project to be successful. Stakeholders can have positive or negative views regarding a given project, and at times differ with one another, making it a challenge to come to a conclusion with their varied viewpoints. For instance workers might value a high degree of autonomy and personal control over their work practice, while management might value efficiency and standardization of the factory’s work flow (Spinuzzi, 2002).
The goals of various organizational stakeholders might differ as well. For example, the factory manager might want to maximize the output of the factory, while the CFO might want to have a real-time view of the factory’s inventory, even if implementing such a system will decrease factory output. . A business contingency business model which in cooperates external forces that affect the functions of a business include sociological, political, economical and technological (Montana & Charnov, 2000) Analyzing these factors we have External factors: Economic and political: These Encompasses competitors, suppliers and customers in an open model of business.
For instance the coffee cafe house company has high customer satisfaction and supply rating which includes ratings of 8 and 7 respectively. This would ultimately lead to a high turn over as the customers would always demand for more of which it would be supplied. The management has to study the economy and political environment for a sustainable relationship. In this system the management assumes that the business or company has both input and output.
By envisaging this firm has to study the companies' suppliers', competitors and customers as well as current political status. The management would be able to make effective managerial decisions. The products designed under this should posses place, form and time utility to succeed in the mark place.