Advantages & Disadvantages of Decision Support Systems
Not what you're looking for?
Assess the advantages and disadvantages of using decision support systems for decision making. Include a discussion of whether you believe decision support systems can be used successfully for strategic decision making in an organization.
Please include references
Purchase this Solution
Solution Summary
This solution comprehensively explains the advantages and disadvantages of decision support systems. A detailed discussion of whether a decision support system can be used successfully for strategic decision making is also included.
Solution Preview
Decision support systems (DSS) have both advantages and disadvantages, and in most large firms, we find that the advantages outweigh the disadvantages. DSS's include several main components, and those components are designed to bring a wealth of information into one central pool. The information can then be utilized in various forms by management to aid in decision making. The basic components of a DSS include databases (usually more than one), models that can be manipulated by the user as needed to a certain extent, and an interface that allows the information, through various inputs, to be extracted for the decision making purposes. The greatest advantage is that when a DSS is used properly and competently, it leads to outputs that are well-formed enough that it can actually give a company a competitive advantage in their given industry.
Other advantages of a DSS include speed of processing and eliminating non-value added activities within the company. As processing ...
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.