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January 11, 2020

Decision Making With Technology

Business & Finance

In all business areas making decisions is a natural and integral part of any companys management process. Technology is taking on an increasingly major role in decision-making today. The sheer amount of data that managers must operate with on a daily basis is absolutely staggering compared to what they had to work with just a few decades ago. In todays world, BI-centered tools are a critical component of any successful companys strategy. They allow managers to streamline the effort needed to search for, combine and query data to obtain the information required for good decisions. Describe two key system-oriented / technology trends that have brought IS-supported decision making to the forefront of the decision analysis field in recent years. List and describe two capabilities of computing that can facilitate good managerial decision-making. How can information systems and tools help overcome the cognitive limits of humans?

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