Benefits Decision Support Systems Strategic Management

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Gaining Competitive Advantage with Decision Support Systems

    https://www.managementstudyguide.com/gaining-competitive-advantage-with-decision-support-systems.htm
    Strategic Significance: Decision Support System changes the way businesses operate. An important concept that brings to light the role of computerized decision making is “value chain management”. A decision support system takes into account economical factors and past and current trends to determine the costs and profits and the overall value.

Benefits of Decision Support Systems Request PDF

    https://www.researchgate.net/publication/226174270_Benefits_of_Decision_Support_Systems
    Traditionally, a decision support system (DSS) is a set of computerized software used to aid management decision mak- ing, typically relying on a database. Generally, many benefits can be realized from a DSS [5] and three top advantages are important for this study: ...

The importance and benefits of operational decision making

    https://searchbusinessanalytics.techtarget.com/feature/The-importance-and-benefits-of-operational-decision-making
    Smart enough systems are computer applications that have enough intelligence to make these kinds of decisions without intervention. These systems offer a true strategic advantage. To understand why, you need to consider what "strategic" advantages involve, as discussed in the next section. Strategy Drives Decision Making

Decision support system: A new tool for strategic management

    https://www.sciencedirect.com/science/article/pii/0024630187900136
    Decision Support Systems for Strategic Management As discussed in previous sections, the effectiveness of strategic management can be increased to a great extent with computer based decision support systems. The key to effective support of strategic management is an integrated system rather a simple assembly of various models.Cited by: 21

Decision Support Systems (DSS)

    http://www.umsl.edu/~sauterv/analysis/488_f02_papers/dss.html
    2.5 Communication driven. This breed of DSS is often called group decision support systems (GDSS). They are a special type of hybrid DSS that emphasizes the use of communications and decision models intended to facilitate the solution of problems by decision makers working together as a group.

Importance of Management Support Systems for Business ...

    http://www.yourarticlelibrary.com/database/importance-of-management-support-systems-for-business-enterprises/10438
    Decision support systems (DSS) are designed to support the deci­sion making process of managers to improve their effectiveness and thereby efficiency of the enterprise. They are based on the premise that managerial judgement cannot be replaced by any computer based solution.



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