Question: Which scenario ( s ) fits senior level manager decision making? Develop a new information systems product. For instance, online banking was once considered a
Which scenarios fits senior level manager decision making?
Develop a new information systems product. For instance, online banking was once considered a new Information systems product.
Which scenarios fits mid level manager decision making?
Develop a new capacity into an existing information systems that enables managers to quickly reroute materials to different manufacturing facilities.
Which scenarios fits operational level decision making?
Replace the information systems that provide support of online ordering. This will speed up the time it takes process an order by ten fold and increase throughput.
Assumptions:
Strategic decisions can be risky in that we are less sure of the outcomes. Typically, if things go well you get a big return on the investment.
Mid level decisions provide a modest return and are less risky things will occur as planned
Operational decisions are easier to quantify but do not have as big a return on the investment. Information we need to be able to decide:
Option : Cost $ Earn $ if Likelihood of market responding positively, if not earn $
Option : Cost $ Savings $ if Likelihood of making a difference, if not $
Option: Cost $ Earn $ if Likelihood of improving operations, if not earn $
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