Question: Identify the components of a Decision Support System (DSS). Explain the function of each component and who is responsible for such function

Identify the components of a Decision Support System (DSS). Explain the

Identify the components of a Decision Support System (DSS). Explain the function of each component and who is responsible for such function

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

1. Recessions are periods of a. rising incomes. b. falling incomes. c. rising prices. d. falling prices.

Q:

200 words please o Identify the components of a Decision Support System (DSS). Explain the function of each component

Q:

37. (a) An important aspect of information systems planning is that an organization's strategic plan is the basis for the formulation of the information systems strategic plan. State and explain the...

Q:

18. (a) Explain how ESSS help senior managers make better decisions. (6 mks) (b) Describe the capabilities of an ESS. (4 mks) (c) Describe three basic components of a Decision Support System (DSS)....

Q:

Question 2: (25 marks) A Decision Support System (DSS) is a computerized system used for assisting the process of decision making. The essence of a DSS is its ability to integrate a variety of data...

Q:

A large online retailer has set up a private web space to sell to its customers that are businesses. These transactions are generally conducted through negotiated contracts. How does the company use...

Q:

A large retail chain uses an MIS to monitor its inventory levels across multiple stores. The system automatically updates stock information in real - time, generates reports on fast - moving and slow...

Q:

Quasi-structured decisions Question 37 3 pts 37. The component of a decision support system (DSS) that manages and coordinates the other major components is the . (Ch. 12) DSS database DSS engine DSS...

Q:

No explanations needed just the correct answer. C) It refers to the information received from market research studies but not internal sources. D) It refers to the marketing research data taken from...

Q:

The Way of Life: The main motto of the Way of Life Nutrition, which was established in 2018, is providing better human health by contributing to the fundamental knowledge of how nutrients and food...

Q:

1) A common feature of a decision support system (DSS) is to perform _______ to examine alternative problem solutions. correlation analysis association discovery what-if analysis competitive...

Q:

Company ABC has the following free cash flows to the firm (FCFF) forecast for the next 5 years: Year FCFF (in millions) Year 1 1.0 Year 2 1.2 Year 3 1.4 (All values below are in millions) Cash Debt...

Q:

Farmer Corporation owns 4,000,000 shares of stock in Baha Corporation. On December 31, Farmer distributed these shares of stock as a dividend to its stockholders. This is an example of--------.

Q:

That makes the Internet different from print material? No one reads print material tintemet allows wide spread distribution to a wider group of people There is no difference The internet companies...

Q:

a) Ibu Mertuaku Berhad manufactures paper boxes. The company closes its accounts annually on 31 May, and in its year ended 31 May 2022, the company acquired the following assets: - A lorry was...