Decision support systems - Essay Example

Download file to see previous pages... formation technology in the business and corporate structures is to enhance the overall corporate performance and enhanced management of the business data. This paper presents the most valuable business and corporate information technology systems regarding the better and effective business decision making that is known as the decision support systems (DSS). The main intention of this research is to offer a deep and compliance overview of the decision support systems (DSS) and its implementation in the effective corporate working and operational structure management. This paper will outline the basic system definitions, emergence, potential implementation areas and operational examples.
According to (Turban, Leidner and McLean 18), an information system collects, processes, stores, evaluates, and distributes information for a particular function. Similar to any other system, an information system consists of inputs (such as instructions and data) and outputs (reports, calculations). It performs operations on the inputs by using technology like PCs and develops outputs that are delivered to users or to other systems by means of electronic networks (Turban, Leidner and McLean 18). In addition, “the term information system can be described technically as a collection of interrelated components that bring together, process, store, and distribute information to carry decision making and control in an organization” Information systems keep and maintain information about important people, places, and things inside the corporation or in the set up surrounding it (Laudon and Laudon 7) and (Hoffer, Prescott and McFadden 429). Also, a management information system is a function or use of information system that offers for management oriented reporting. These reports are typically developed or produced on a predetermined schedule and come out in a prearranged structure (Whitten, Bentley and Dittman 47). According to (Whitten, Bentley and Dittman 47), a decision support ...Download file to see next pagesRead More