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Q5 - Essay Example

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Summary to essay on topic "Q5"
Decision support systems refer to a category of organizational systems based on computers that are applied in the enhancement of decision making in organizations. They are also regarded as knowledge based organizational systems. These systems are significant to the management…
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Download file "Q5" to see previous pages... It involves inputting relevant data, company information, and knowledge from individuals in the decision making panel as well as business models to come up with solutions to problems facing the organization as well as important decisions for the organization (Power, 2002). 
My organization applies the decision support systems often to acquire and conduct an analysis of data on turnover,
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budgets as well as sales forecasts. The marketing strategies are often updated whenever the analysis is performed using the decision support systems. The information that is gathered by the decision support systems include; records of the organization’s assets and data warehouses. There are also relational data sources as well as proportional information on sales in recurrent weeks. The systems also gather information on the organization’s revenue projections based on the assumptions made as regards the sale of new products.
The decision support systems have the benefit of maintaining efficiency among the decision makers. They enhance decision making through speedy identification of problems as well as solutions. Moreover, interpersonal communication in the organization is enhanced. Control of the organization is enhanced, and it is possible for organizational learning and training of staff to be accomplished more easily. For the management to be credible as regards the decisions that are made in the organization, the decision support systems are needed to provide fresh evidence to uphold the decision. The organizational competitiveness is increased and also empowers the decision makers to explore and discover better strategies for accomplishment of organizational decision making. It is also a major step towards automation of the organizational management as well as introduction of new methods of thinking as regards problems facing ...Download file "Q5" to see next pagesRead More
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