MGT 300 CHAPTER 9 : ENABLING THE ORGANIZATION DECISION MAKING
LEARNING OUTCOMES : Define the systems organization use to make decisions and gain competitive advantages Describe the three quantitative models typically used by decision supports systems Describe the relationship between digital dashboards and executive information systems List and describe four types of artificial intelligence systems Describe three type of data-mining analysis capabilities DECISION MAKING * Reasons for the growth of decision-making information system People need to analyze large amounts of information People must make decision quickly People must apply sophisticated analysis techniques, such as modeling and forecasting to make good decisions People must protect the corporate assets of organizational information * Model is a simplified representation or abstraction of reality * IT systems in an enterprise TRANSACTION PROCESSING SYSTEMS * Moving up through the organizational pyramid users move from requiring transactional inf